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Insurance
New criteria for rating insurance companies unveiled by rating agency Standard & Poor’s (S&P) this week is likely to result in ratings changes – including downgrades – but it’s not yet clear how many insurers will be impacted. 8 May 2013
Insurance
Tim Shields has joined Asuransi Jaya Proteksi, (Japro) – an Indonesian insurer recently acquired by ACE Insurance – as president director. 1 May 2013
Insurance
XL Group has promoted Martin Vinkenfluegel to lead XL GAPS’ (Global Asset Protection Services) global field engineering team. 1 May 2013
Insurance
While the wider insurance industry has coped well with recent heavy losses stemming from natural catastrophes around the world, many mutual insurers can struggle with not just the scale of losses but the claims process following an event. 29 April 2013
Reinsurance
Recent changes in the sources of capital being put to work in the reinsurance markets could favour mutual insurers who will become increasingly valued by traditional reinsurers keen to maintain long-term relationships with these clients. 25 April 2013
News
The percentage of non-life catastrophe reinsurance ultimately covered by some form of insurance-linked securities (ILS) will double over the next four years, to the point this form of risk transfer could represent a third of the total market. 23 April 2013
News
Some insurers may be on the cusp of withdrawing from the downstream energy market following two years of poor results, despite a mild hardening of rates caused by recent natural catastrophe losses, according to a report by Willis. 17 April 2013
News
Miller’s Singapore office has appointed Nick O’Neil into a new business development and client-servicing role. 17 April 2013
Reinsurance
The start of 2013 has been characterised by yet more reinsurers forming sidecars. These are increasingly being seen as a feather in the cap for the reinsurers forming them while also reflecting a wider demand for ILS products. Intelligent Insurer reports 16 April 2013
Insurance
As the world’s biggest economies continue to grapple with unprecedented economic conditions, John Gilbert, chief investment officer, GR-NEAM, examines the consequences of this and whether there is light at the end of the tunnel. 16 April 2013
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