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Insurance
Global reinsurer capital totalled $565 billion at June 30, 2015, despite a continuation of tough market conditions. 9 September 2015
Insurance
Ratings on Amlin and its operating subsidiaries will be unaffected following its acquisition offer from Mitsui Sumitomo Insurance Group (MS&AD), according to rating agency Standard & Poor's (S&P). 9 September 2015
Insurance
Marine insurer Skuld has been granted ‘in principal’ approval by Lloyd’s to write non-marine business via its Lloyd’s syndicate 1897. 9 September 2015
Insurance
XL Catlin has announced a newly appointed insurance leadership team for Germany. 9 September 2015
Insurance
RSA Insurance Group (RSA) will sell its operations in Latin America (RSA Latin America) to Suramericana SA, the insurance subsidiary of Grupo de Inversiones Suramericana (Grupo SURA), for £403 million. 9 September 2015
Insurance
Insurance penetration rates in emerging markets can be accelerated by insurers who correctly use the very latest risk models and mapping data available to the industry, as this approach allows them to easily and accurately price risk even in relatively undeveloped markets. 8 September 2015
Insurance
Mitsui Sumitomo Insurance Company’s ¥634.7 billion (£3.4 billion) deal to acquire Amlin Insurance is a deal driven by both economic conditions in Japan and pressures on the global re/insurance market and could work for both parties. 8 September 2015
Insurance
Despite a challenging environment for reinsurers, with fierce competition leading to declining prices, rating agency Standard & Poor’s (S&P) said that it does not expect to see much rating actions over the next year. 8 September 2015
Insurance
Mitsui Sumitomo Insurance Company will acquire Amlin Insurance for ¥634.7 billion (£3.4 billion), the company has confirmed. Charles Philipps, chief executive of Amlin, said the deal would provide Amin with the “financial muscle” and scale to succeed long term. 8 September 2015
Insurance
Run-off insurer DARAG has expanded its international business by appointing a new chief executive officer (CEO) for the group’s Maltese risk carrier as well as two country managers. 8 September 2015
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