02 March 2015
With mergers and acquisitions expected to be the hallmark of another tough year for the global reinsurance industry, a report from AM Best warns one company’s survival strategy may be another’s sudden death…
02 March 2015
Risk committees are essential if companies are serious about protecting their assets, the Risk and Insurance Management Society says in a new report…
02 March 2015
Insured global losses fell to their lowest level since 2009 last year, according to the Guy Carpenter Global Catastrophe Review…
02 March 2015
Berkshire Hathaway Specialty Insurance has announced two appointments to its Asian underwriting team…
02 March 2015
A British online travel insurer has been fined £175,000 ($344,073) after security failings allowed hackers to access private records…
02 March 2015
Moody’s has rated Tokio Marine & Nichido Fire Insurance Aa3 for insurance financial strength, making it the only financial institution in Japan to top the country’s sovereign rating of A1…
02 March 2015
Ironshore International has hired industry veteran Hui Yun Boo to be MD Asia-Pacific and Principal Officer based in Singapore…
02 March 2015
Allianz Group has posted a 3.8% rise in net profit to €6.2 billion ($8.9 billion) for last year, as revenue topped €120 billion ($172.7 billion) for the first time…
02 March 2015
US commercial property insurer FM Global has reported a net profit of $US956.4 million ($1.2 billion) for last year, down 6.2% on 2013…
02 March 2015
Xchanging has posted an operating profit of £55.8 million ($110.3 million) for last year, up 21.5% compared with 2013…
02 March 2015
Lloyd’s has appointed former London broker Jin-Yung Sun as its first General Representative for South Korea…
02 March 2015
Tokio Marine & Nichido Fire Insurance has joined forces with South African insurer Hollard to gain a foothold in the African market…
02 March 2015
Specialty insurer Brit has reported a net profit of £139 million ($273 million) for last year, up 39.7% on 2013…
02 March 2015
French trade credit insurer Coface has reported a 1.8% drop in net profit to €125 million ($180.99 million) for last year…
23 February 2015
State Bank of India plans to sell a partial stake in its life and general insurance businesses…
23 February 2015
The insurance marketplace is in a state of flux and companies are preparing to make the most of new opportunities while dodging threats, the annual PricewaterhouseCoopers Global CEO Survey shows.…
23 February 2015
The long-predicted string of reinsurer mergers and acquisitions will do nothing to slow falling premium rates, according to Standard & Poor’s…
23 February 2015
Swiss Re has reported net income of $US3.5 billion ($4.49 billion) for last year, down 20% on 2013…
23 February 2015
Fairfax Financial Holdings of Canada has acquired UK-based global Lloyd’s specialty insurer and reinsurer Brit for $US1.88 billion ($2.41 billion)…
23 February 2015
A flurry of fourth-quarter activity resulted in a record catastrophe bond issuance of $US8 billion ($10.26 billion) last year, according to reinsurance broker Guy Carpenter…