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Ratings agency S&P Global Ratings has downgraded Dutch insurer NN Group due to the financial resources used to acquire its competitor Delta Lloyd which are reducing its capital buffers. 11 May 2017
Alternative Risk Transfer
Natural disasters in the second half of this year could have a serious impact on the returns generated by the insurance-linked securities (ILS) and reinsurance-linked investment markets in 2016, according to a panel of industry figures. Intelligent Insurer reports 25 August 2016
Insurance
Structured reinsurance solutions drove impressive growth at Hannover Re across the first nine months of the year as it also confirmed that it anticipates a profit of more than €1 billion this year, even making allowance for a one-time charge from its life and health reinsurance business. But its CEO also warned on what he called sustained intense competition. 8 November 2018
Insurance
Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland. 4 October 2017
article
Berkshire Hathaway Specialty Insurance Company (BHSI) has begun underwriting marine, transport and logistics liability insurance in Australia and New Zealand. 27 October 2015
Insurance
USI Insurance Services (USI) said on June 27 that it has entered into an agreement with Wells Fargo & Company to purchase Wells Fargo Insurance Services USA. 27 June 2017
Insurance
The Association of British Insurers (ABI) has made four new Board appointments. 23 May 2016
Insurance
Global reinsurers have written to the European Commission (EC) to ask it to ensure mutual access between British and European Union reinsurance markets after the UK leaves the bloc due to worries about market disruption, according to extracts from a letter seen by Reuters. 26 June 2017
Insurance
Allianz Global Corporate and Specialty (AGCS) has promoted Emy Donavan to lead its cyber insurance business, succeeding Nigel Pearson who has left the company to pursue other opportunities. 14 March 2017
News
Bermuda-based property/casualty reinsurer Third Point Re has reported a profit in the first quarter of 2017 after a loss in the same period a year ago due to significant improvements in investment returns. 5 May 2017
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