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Insurance
The sector outlook for German life insurance remains negative due to the challenging operating environment, Fitch Ratings has said in a new report called ‘2017 Outlook: German Life Insurance - Low Interest Rates Put Capital Ratios Under Pressure’. 5 December 2016
Insurance
Property/casualty insurance technology provider Xceedance has opened an office in Krakow, Poland, and hired a former Aon executive to run it as vice president and country manager. 5 December 2016
Insurance
The exit from the EU may offer the UK an opportunity to adapt Solvency II rules to better suit the needs of the country's re/insurers. 2 December 2016
Insurance
A combination of sustained low investment yields and pressure on profits as a result of regulatory scrutiny into how insurers treat their customers, has prompted Fitch Ratings to maintain its negative sector outlook for UK life insurance in 2017. 2 December 2016
Insurance
Swiss Re is looking for acquisitions to enhance capabilities of its corporate solutions unit as well as to secure growth opportunities in developing markets. 2 December 2016
Insurance
When Gable Insurance went into administration, its chief executive blamed, in part, the pressures of Solvency II compliance. But experts are now warning that Gable could become the tip of the iceberg as many other smaller insurers in Europe struggle with the onerous demands of the new regime – and it will only be a matter of time before more casualties follow. 2 December 2016
Insurance
Swiss Re plans to strengthen its research and development (R&D) capabilities to more efficiently identify and allocate capital into more attractive, growing risk pools, the company revealed at a Dec. 2 investors’ day briefing. 2 December 2016
Insurance
Hannover Life Reassurance Company of America, the US unit of Germany’s Hannover Re, has struck a global strategic partnership and investment with Sureify Labs, a Silicon Valley-based insurtech company. 1 December 2016
Insurance
UK insurer Aviva has appointed Jan Gooding to become its first global inclusion director. 1 December 2016
Insurance
London must maintain its existing freedoms for insurance services in order to hold its position as the largest global centre for commercial and specialty risk, according to the International Underwriting Association (IUA), which has devised four priorities for Brexit negotiations. 30 November 2016
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