Reinsurance rates still falling, Baden-Baden hears
26 October 2015
Market consolidation and falling prices will continue for some time, last week’s Reinsurance Meeting in Baden-Baden was told…
26 October 2015
Market consolidation and falling prices will continue for some time, last week’s Reinsurance Meeting in Baden-Baden was told…
26 October 2015
Is activity in insurance-linked securities the future or just a fad? That is the question being posed by Willis in its latest ILS Market Update…
26 October 2015
Lloyd’s and the China Taiping Insurance Group have signed a memorandum of understanding to mark the “significant level of co-operation” between the London-based specialist insurance and reinsurance market and China’s oldest insurance company…
26 October 2015
Ace Insurance has posted a 32.7% fall in third-quarter net income as volatile equity markets, including unfavourable foreign currency movement of $US548 million, hit home…
26 October 2015
Chubb has reported a third-quarter net profit of $US601 million, up from $US594 million in the corresponding period last year…
26 October 2015
US businesses spent more than $US2 billion on cyber insurance last year, and experts predict the figure will triple by 2020 as threats continue to grow…
26 October 2015
Innovative partnerships and client proximity are essential to navigating the digital future, according to a new report from Munich Re…
26 October 2015
The Insurance Bureau of Canada has drawn up documents aimed at helping provinces embrace ride-sharing services such as Uber…
26 October 2015
US property and casualty insurers’ profitability increased 1.4% while premium growth and investment income has remained stable, according to half-year statistics…
26 October 2015
Swiss (re)insurer Allied World has reported a net loss of $US51.6 million for the third quarter…
19 October 2015
London-based Dual International CEO Shane Doyle is leaving the company to begin an independent venture…
19 October 2015
Insuring commercial liability amid technological and scientific change is not without its challenges. Science-based risk, for example, can lead to liability catastrophe, as seen with asbestos…
19 October 2015
Willis Re has upgraded its approach to catastrophe modelling to help insurers measure and mitigate exposure more accurately…
19 October 2015
Xchanging’s board has urged shareholders to accept Capita’s 160 pence cash offer for the company unless a better bid comes along…
19 October 2015
AIG has sold its Central American businesses to Panama-based financial services group ASSA…
19 October 2015
The UK Government has strengthened provisions requiring financial services managers in the non-banking sector to take personal responsibility for their decisions…
19 October 2015
The European insurance sector remains under pressure, Moody’s warns…
12 October 2015
SMEs are most worried about their margins being squeezed by competition, according to an annual survey by Zurich Insurance Group…
12 October 2015
Loss-making insurance outsourcing company Xchanging is at the centre of a bidding war between larger rival Capita and US private equity group Apollo Global Management…
12 October 2015
Companies rate cyber and IT as their greatest areas of risk, according to a Marsh Risk Consulting global survey…