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Insurance
‘Guessing game must cease’ – RMS unveils world’s riskiest ports
The Japanese port of Nagoya and the Chinese port of Guangzhou top a ranking of ports at the greatest risk of potential losses from catastrophe risk, according to an analysis from risk management firm, RMS.   9 August 2016
Insurance
PartnerRe appoints former Munich Re head
PartnerRe, a property/casualty and specialty reinsurer, has appointed Jörg Bruniecki as its head of global client and broker management.   8 August 2016
Insurance
Q2 profits at Allianz hit by South Korean life and health business sale
A mixture of flood and storms in Europe and the classification of Allianz’s life and health business in South Korea as held for sale had a negative impact on the German insurer’s profits in the second quarter of 2016.   5 August 2016
Insurance
Profits dip at Hannover Re but it heralds ‘bottoming out’ of P/C rates
Profits and gross written premiums (GWP) for Hannover Re Group fell in the second quarter of 2016, largely due to the performance of its property/casualty reinsurance segment, which it stressed was facing challenging market conditions.   4 August 2016
Insurance
Exchange rates hit H1 profits at Aviva but underlying business remains bullish
After tax profits at Aviva were badly hit by what it called non-cash market variances and exchange rates in the first half of 2016 but the underlying performance of the business remained bullish, the company posting solid operating profits and encouraging growth.   4 August 2016
Insurance
GSII regulation will improve risk management: Moody’s
Moody’s has claimed that the global systemically important insurers (GSII) regulation, which will apply to nine companies allocated by the G20’s Financial Stability Board (FSB), is credit positive.   3 August 2016
Insurance
AXA’s H1 revenues unchanged YOY despite growth targets
The sale of two real estate properties in New York boosted AXA’s first half net income while underlying earnings remained unchanged despite the company’s growth ambitions.   3 August 2016
Insurance
Swiss Re devises breakthrough anti-poverty weather index first in China
Swiss Re is aiming to protect Chinese farmers against the financial risks from natural catastrophes by entering into a reinsurance protection scheme with the government of Heilongjiang province and the Sunlight Agriculture Mutual Insurance Company of China.   3 August 2016
Alternative Risk Transfer
Western European insurers are adapting to an adverse environment: S&P
Western European insurers are exploring changes to their investment mixes, but strategic asset allocations have remained broadly stable in the past years, according to an analysis of 40 rated insurance groups by S&P Global Ratings.   3 August 2016
Insurance
Regulator has responsibility to promote UK post-Brexit: BIBA
The UK’s regulators must accept an element of responsibility for promoting the UK’s financial services sector, including insurance, in a post-Brexit environment, the British Insurance Brokers’ Association (BIBA) has claimed in a letter to senior government figures.   2 August 2016

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