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Despite some signs of pricing stabilisation in peak property catastrophe zones at the June/July 2015 renewals, the forecasts for a “softening in the softening” in reinsurance pricing have proved deceptive, according to Willis Re.   4 January 2016
Live long and prosper
Insurance
In the last issue of Intelligent Insurer, we examined the longevity of some of Europe’s oldest reinsurers—some thriving in stark contrast with wider trends in the corporate world. Here, we examine the same dynamic from a US perspective.   14 December 2015
Insurance
Despite good premium growth, listed insurance companies in the United Arab Emirates (UAE) are showing further earnings strain so far this year, according to Standard & Poor's (S&P).   8 December 2015
Insurance
Insurer ACE has announced the leadership team it intends to appoint for the company’s North America excess and surplus (E&S) lines wholesale business upon the completion of the acquisition of Chubb.   2 December 2015
Insurance
The board of directors of Brazil-based bank BTG Pactual, which launched insurance and reinsurance operations in 2013, has elected Persio Arida as executive chairman and John Huw Jenkins as vice chairman.   1 December 2015
News
Standard & Poor's (S&P) has withdrawn its ratings on various notes issued by Ballantyne Re due to lack of market interest.   30 November 2015
News
Sompo Japan Canopius Reinsurance has been assigned financial strength ratings (FSR) of ‘A’ (Excellent) from AM Best and ‘A+’ from Standard & Poor’s (S&P).   26 November 2015
Insurance
Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed two senior underwriters to lead the syndicate’s planned product diversification.   26 November 2015
Insurance
Insurer ACE has announced the members of the leadership team it intends to appoint for the European Group of the new Chubb Group’s overseas general insurance division, which includes Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Gibraltar, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the UK.   24 November 2015
Alternative Risk Transfer
Novae, the specialist listed Lloyd’s insurer and Securis Investment Partners, the insurance-linked securities (ILS) fund manager have launched a new special purpose syndicate (SPS).   24 November 2015

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