Articles

Insurance

Joint Hull Committee appoints AXA's Newton as new chairman

London-based Joint Hull Committee (JHC) has appointed Paul Newton as its new chairman, succeeding Peter Townsend, who stepped down in June.   22 August 2018

News

Athene Holding signs flow reinsurance treaty with Lincoln Financial

Bermuda-based Athene Holding has entered into a flow reinsurance treaty with US-based Lincoln Financial Group.   4 August 2017

Insurance

India's strong economy means robust growth for insurance

India's strong economy and evolving regulatory regime continue to support growth for its insurance and reinsurance sectors, according to a new report by Moody's Investors Service.   22 January 2019

Insurance

California Woolsey fire insured losses exceed $2.5bn: AIR

Industry insured losses from the Woolsey fire in Southern California will be at least $2.5 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide.   3 December 2018

Insurance

Sava Re upgraded to ‘A’ by AM Best

AM Best has upgraded the financial strength rating of Sava Re to “A” (Excellent) and its issuer credit rating to “a”, both with a stable outlook.   3 December 2018

Insurance

Hurricane Florence to cause $30-60bn economic loss

Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather.   14 September 2018

Insurance

Legal & General strikes £4.4 bn UK bulk annuity deal

Legal & General Group has completed a £4.4 billion buy-in for British Airways pension scheme, Airways Pension Scheme (APS).   14 September 2018

Insurance

Integrand downgraded due to hurricane impact

AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+” from “a-” of Puerto Rico-based Integrand Assurance Company while placing the Credit Ratings (ratings) under review with negative implications.   30 November 2018

Insurance

Generali launches cyber security subsidiary

Italian insurer Generali has launched a new cyber insurance function and a startup company to offer innovative cyber risk assessment solutions through its web-based platform in Europe, Asia and the Americas.   9 October 2018

Insurance

Willis names head of Central & Eastern Europe, Middle East-Africa

Broker Willis Towers Watson has appointed Pamela Thomson-Hall as the head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region.   9 October 2018

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