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Insurance
Sabre prices £575m IPO
UK car insurer Sabre Insurance Group is pricing its equity in a planned initial public offering at 230 pence per ordinary share, suggesting a market capitalisation of the company of £575 million.   6 December 2017
Insurance
THB appoints Gallagher exec as director
Specialist re/insurance broker THB has appointed Declan Durkan as commercial and placement director for its combined fleet and commercial operation in the UK.   6 December 2017
Insurance
2018 hurricane forecast ‘average’ according to Fitch
After severe losses in 2017, predictions for the 2018 hurricane season suggest that this year’s hurricane activity will not be anywhere near as bad, according to a new Fitch Report.   4 June 2018
Insurance
Acappella Syndicate appoints war, terrorism and political violence leader
Lloyd’s Acappella Syndicate 2014 has appointed Louise Bessant as divisional head of its war, terrorism and political violence insurance portfolio.   9 October 2017
Insurance
Zurich unveils UK Innovation Foundry
Zurich has launched a new initiative to drive innovation throughout the insurer, with a renewed focus on changing customer demand and needs, the company said in a Feb. 20 press release.   21 February 2018
Insurance
Kenya Re downgraded on enterprise risk management concerns
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition.   21 February 2018
Insurance
Credit insurers buoyed by economic environment
The three leading global credit insurers Atradius, Coface and Euler Hermes currently benefit from a supportive economic environment that is limiting corporate insolvencies, according to Moody’s.   12 April 2018
Insurance
Concerns about pricing, reserves, interest rates weigh on P&C sector
Concerns over pricing, reserves, and interest rate weigh on investor sentiment in the property/casualty re/insurance sector, according to Morgan Stanley.   29 May 2018
Insurance
Cost cuts stabilise profitability of Dutch life insurers, non-life improvements expected
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings.   6 July 2017
Alternative Risk Transfer
Pricing gap highlighted by new Willis Re report
Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest 1st View renewals report from Willis Re.   2 January 2019

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