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Insurance
Re/insurers demonstrated their ability to continue to underwrite risks and pay claims in a timely and professional manner despite the most recent convulsions in the global economy—and this will continue. That is the opinion of Robert Hartwig, president and economist, Insurance Information Institute (III), who said that the economic and financial market instability during the summer of 2015 again demonstrated the resilience of the industry.   13 September 2015
Insurance
Fitch Ratings has placed Amlin’s long-term issuer default rating (IDR) of 'A-' on RatingWatch Negative (RWN). Amlin's main operating entities' insurer financial strength (IFS) ratings of 'A+' have also been placed on RWN.   10 September 2015
Insurance
The Tianjin explosions that occurred in August should serve as a warning to the re/insurers, according to Gen Re.   9 September 2015
Insurance
Property and casualty insurer, Berkshire Hathaway Specialty Insurance Company, has entered the marine market in Australia and New Zealand.   9 September 2015
Insurance
Mitsui Sumitomo Insurance Company’s ¥634.7 billion (£3.4 billion) deal to acquire Amlin Insurance is a deal driven by both economic conditions in Japan and pressures on the global re/insurance market and could work for both parties.   8 September 2015
Insurance
Mitsui Sumitomo Insurance Company will acquire Amlin Insurance for ¥634.7 billion (£3.4 billion), the company has confirmed. Charles Philipps, chief executive of Amlin, said the deal would provide Amin with the “financial muscle” and scale to succeed long term.   8 September 2015
Insurance
The share price of insurer Amlin has jumped by more than 30 percent today (Tuesday September 8) on the news that its board are in advanced talks which could see the firm acquired by Mitsui Sumitomo of Japan.   8 September 2015
Insurance
The recent explosions and subsequent losses in Tianjin, China, will likely be one of the biggest man-made losses ever to have occurred in Asia.   4 September 2015
News
Reto Brosi, the chief executive of Singapore-based reinsurer Asia Capital Re, has stepped down from his role.   3 September 2015
Insurance
Specialist insurer Markel International has promoted Luke Tidey to marine underwriter in its Singapore office.   1 September 2015

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