Articles
Insurance
The insured property losses caused by series of earthquakes that hit Central Italy between in October are now estimated to be €31 million, according to catastrophe insurance data provider PERILS. 7 December 2016
Insurance
The formation of a new state-backed reinsurer in Russia will hit the long-term growth potential of global reinsurers in the country, which will be forced to cede a percent of premium to the new entity even on existing long-term treaties. 7 December 2016
Insurance
A new state-backed reinsurer in Russia will hit the long-term growth potential of global reinsurers in the country, which will be forced to cede a percent of premium to the new entity even on existing long-term treaties. 7 December 2016
Insurance
United Insurance Holdings (UPC), a property/casualty insurance holding company, has raised $30 million through an offering of senior notes to private investors. 6 December 2016
Insurance
PartnerRe has appointed Marc Archambault as the chief executive officer (CEO) of its life and health unit. 6 December 2016
Insurance
Italian motor insurance premiums are likely to rise in 2017 for the first time in years as low investment returns push insurers to target underwriting profits, according to Fitch Ratings. 6 December 2016
Insurance
The market has reacted with cautions optimism to comprehensive organisational changes including the formation of new units and teams revealed by Lloyd’s yesterday (Monday December 5), which the market claims will make it more effective and efficient. 6 December 2016
Insurance
Korean Re has chosen re/insurance software provider Sequel's risk exposure and aggregation tool to help its offshore energy team manage accumulation risk. 6 December 2016
Insurance
Liberty Mutual has agreed to acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 5 December 2016
Insurance
The UK regulatory should be wary of deviating too far from Solvency II in the way it regulates UK insurers, despite having the potential flexibility to do so following its exit from the European Union, S&P Global Ratings has warned. 5 December 2016
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