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Insurance
UK floods minister Rory Stewart has signed regulations to enact Flood Re, the UK Government's scheme to pool flood risk, following approval from Parliament. 12 November 2015
Insurance
Underwriting agency Hispania Global Underwriting, part of Hispania Group, partnered with PartnerRe Wholesale, the specialist SME-focused division of PartnerRe, to target the Spanish market, with underwriting authority extended to Italy and Portugal. 11 November 2015
article
Recent discussions between investors and Standard & Poor's Ratings Services' insurance analytical team highlighted regulatory change as one of the most talked-about topics in the European insurance industry, the rating agency has said in a publication called EMEA Insurance Investor FAQ. 11 November 2015
Alternative Risk Transfer
Gibraltar has established a new category of protected cell company (PCC) specifically tailored for the insurance linked securities (ILS) sector. 11 November 2015
Insurance
Swiss Re has announced that its share buy-back programme of up to one billion Swiss Francs (£660 million) will start on 12 November 2015. The programme, announced on 29 October 2015 and authorised by the firm’s annual general meeting on 21 April 2015, will run until 2 March 2016 at the latest. 11 November 2015
Insurance
Moody's Investors Service has released a new report that claims that the growth in mergers and acquisitions (M&A) in the insurance industry, now at its highest level for many years, has been driven by the weak global economic environment and regulatory changes. 10 November 2015
Insurance
Hiscox enjoyed solid growth in the first nine months of the year to September 30, 2015, driven mainly by its London market and US operations. Hiscox Re’s gross written premiums (GWP) remained stable. 9 November 2015
Insurance
Profits slipped at Allianz in the third quarter of 2015, but its chief financial officer remains confident that the group will achieve its full year target. 6 November 2015
Insurance
The London Market Group (LMG) has appointed Benedict Reid as chief executive officer. 6 November 2015
Insurance
Allied World’s global markets division has strengthened its healthcare team with the appointment of Emma Lisi as assistant vice president. 6 November 2015
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