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Insurance
BIBA warns Solvency II equivalence will be critical to UK
The British Insurance Brokers’ Association (BIBA) has warned that the UK government must prioritize securing Solvency II equivalence status post Brexit – assuming full access to the single market is not possible – if the country’s insurance market is to retain its size and importance as a global hub.   2 August 2016
Insurance
Insurance Europe stresses the importance of format in the EIOPA IPID
Insurance Europe has highlighted the importance of a consumer-friendly format when commenting on the publication of a European Insurance and Occupational Pensions Authority (EIOPA) consultation regarding the format of a standardised insurance product information document (IPID).   2 August 2016
Alternative Risk Transfer
Swiss Re report suggests a comeback for mutual despite challenges
The mutual insurance sector has undergone a modest recovery in recent years, but faces new challenges and must adapt to newer underwriting and distribution practices if it is continue, according to Swiss Re’s latest sigma report.   2 August 2016
Insurance
LSM hires former XL Catlin exec as head of Europe
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kadidja Sinz as head of Europe.   1 August 2016
Insurance
US-EU negations begin on re/insurance bilateral deal
The US and the European Union have begun negotiations of a bilateral agreement on insurance and reinsurance.   1 August 2016
Insurance
Generali’s P&C segment drives growth in H1 despite losses from volatile markets
Generali Group has reported positive growth in the premiums of its property and casualty (P&C) segment, despite a decrease in gross written premiums (GWP) overall and a significant net income loss in its results for the first half of 2016.   29 July 2016
Insurance
Depreciation in LatAm currencies weaken MAPFRE's Q1 results
MAPFRE has blamed a strong depreciation in Latin American currencies for the decrease in revenue reported in its first quarter 2016 results.   27 July 2016
Insurance
SCOR reports net income fall in first half 2016 results
SCOR reported an increase in GWP in its financial results for the first half of 2016 but suffered a significant fall in its net income.   27 July 2016
Insurance
Slow growth and Brexit combine to threaten insurers: Moody’s
Moody’s has held its annual insurance summit, where a poll of respondents claimed that slow economic growth could impact insurers in the future.   27 July 2016
Insurance
The Hartford sells UK property and casualty subsidiaries to Catalina
The Hartford, a property and casualty insurer, has agreed to sell its UK property and casualty run-off subsidiaries, Downlands Liability Management (DLM) and Hartford Financial Products International (HFPI), to Bermuda-based re/insurance consolidator, Catalina.   27 July 2016

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