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Insurance
Capital Returns has called for the reinsurer to sell itself as it lacks 'inherent competitive strengths or core competencies' and has generated 'extremely disappointing results'. 19 May 2020
Insurance
S&P warns of negative rating actions on reinsurers whose COVID-19 losses wipe out their earnings and becomes a capital event. 19 May 2020
Technology
AI has come of age as the technology ensures a more accurate view of risk and can help insurers win more valuable business, says Richard Hartley, CEO of insurtech Cytora. 19 May 2020
Insurance
Co-CEO Lawrence Metz says the company has 'immaterial" exposure to claims from the COVID-19 pandemic. 18 May 2020
Insurance
The agency highlights the risks to consummate the transaction amidst COVID-19 induced financial markets volatility. 18 May 2020
Insurance
Fitch expects Aegon's underlying earnings to deteriorate driven by the economic fallout from the pandemic. 18 May 2020
Insurance
Fitch has removed 'rating watch positive and turned a negative outlook, while AM Best has taken PartnerRe off review following the sale collapse. 15 May 2020
Insurance
The appointee will lead the buildout of Lockton Re workers’ compensation practice in the US. 14 May 2020
Insurance
Lloyd’s estimates record $4.3bn COVID-19 loss, total projected loss to the insurance industry at $203bn in 2020 alone. 14 May 2020
Insurance
S&P Global and Fitch Ratings have revised AXIS's outlook to 'negative', while AM Best has downgraded its FSR. 13 May 2020
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