Articles
Insurance
The Covered Agreement between the EU and the US makes these markets more attractive for reinsurers from the opposite side of the Atlantic, increasing competition and therefore adding pressure on pricing and conditions. 20 January 2017
Insurance
Cost implications of continuing to access EU business and any downturn in the UK economy resulting from Brexit are likely to weigh on insurers, according to an AM Best report titled “Brexit Uncertainties Weigh on UK Insurers but Rated Entities Able to Withstand Pressure.” 20 January 2017
Insurance
David McMillan, chairman Aviva Global Health Insurance and CEO Aviva Europe, has chosen to leave Aviva as the insurer merges its UK activities. 19 January 2017
Insurance
The covered agreement between the EU and the US will establish a level playing field for transatlantic reinsurance business. But as it makes underwriting more attractive for reinsurers from the opposite side of the Atlantic, it is set to increase competition in both markets, adding pressure on pricing and conditions in an already soft market. Other countries like Switzerland don't want to be left behind. 19 January 2017
Insurance
Fewer CEOs of insurance companies are planning to boost headcount in 2017 than in recent years, a PwC survey has claimed. 19 January 2017
Awards
The Brexit strategy presented by Prime Minister Theresa May this week will weaken the UK as a re/insurance hub, a majority of respondents to an online survey by Intelligent Insurer believe. 19 January 2017
Insurance
Abolishing regulatory requirements that mean EU and US reinsurers must post collateral for their transatlantic business will provide an important boost to reinsurers' liquidity and investment freedom, according to Fitch Ratings. 18 January 2017
Insurance
The Swiss insurance market remains resilient, despite the challenge of consistently low interest rates and shrinking margins in the Swiss life insurance market, according to Fitch Ratings. 18 January 2017
Insurance
Re/insurance legacy specialist Compre has completed its second acquisition of 2017. 18 January 2017
Insurance
As Prime Minister Theresa May is set to announce more detail on preparations for Brexit negotiations in her keynote speech today, the Chartered Insurance Institute (CII) has urged the Government to make an early commitment to transitional arrangements following the UK’s departure from the EU. 17 January 2017
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