Articles
Insurance
Swiss Re is cutting back its business not only in property/casualty (P&C) but also in its favoured corporate solutions segment as rates reach intolerable levels and waits for the operating environment to improve. 24 February 2017
News
China Reinsurance Corporation has said that its 2016 net profit attributable to the equity shareholders may decrease by 30 percent to 35 percent compared to 2015. 24 February 2017
Insurance
Specialty re/insurer Navigators has appointed David Draper as the head of international casualty to drive growth. 24 February 2017
Alternative Risk Transfer
A combination of factors could make the insurance-linked securities market more competitive as 2017 goes on, according to Paul Schultz, CEO of Aon Securities. 23 February 2017
News
Swiss Re walked away from almost $2 billion of business including substantial portions of contracts in China in the January renewals due to rates being below its targeted risk-adjusted levels, the company has revealed. 23 February 2017
Insurance
France’s reinsurer SCOR is searching for opportunities to deploy its excess capital which is set to grow further through the ongoing merger of its units and is unlikely to be squeezed by a qualification of SCOR as a systemically important financial institution. 22 February 2017
Insurance
Profits dipped at IAG Group in the first six months of its reporting cycle to December 31, 2016, but its CEO said that commercial pricing in Australia and New Zealand has passed the bottom of the cycle. 22 February 2017
Insurance
Intermediary Hyperion Insurance Group has appointed Mark Johnson as CEO of its Hong Kong-headquartered specialty marine business FP Marine Risks. 21 February 2017
Insurance
Zurich Insurance Group has integrated two of its commercial insurance units into a single division in the Asia Pacific (APAC) region and appointed division heads. 17 February 2017
Insurance
The Indian insurance market has recorded significant premium growth in between April 2016 and January 2017, but AM Best warns on growing risks. 16 February 2017
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