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Insurance
Fitch Ratings has revised its outlook on Lloyd's of London's and Lloyd's Insurance Company (China) to negative from stable because of concerns over the deterioration in underwriting performance, coupled with increasing exposure to catastrophe risk in against the backdrop of a soft market. 29 June 2017
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
Insurance
Despite seeing cybersecurity as a top risk management priority, a survey finds out that only few senior executives believe in their organization’s ability to mitigate and respond to a cyber event. 16 February 2018
Insurance
Commercial insurance prices in the US were nearly flat during the fourth quarter of 2016, according to Willis Towers Watson's latest Commercial Lines Insurance Pricing Survey (CLIPS). 14 March 2017
Insurance
Health insurers Aetna and Humana said that they have ended their merger agreement after a US federal court ruled against the deal, saying it would stifle competition in the Medicare Advantage programme. 14 February 2017
Insurance
Cooler waters and a weak El Niño could result in an average 2018 Atlantic hurricane season, according to a new report by rating agency Moody’s. 18 June 2018
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
US-based health insurer Anthem has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach, Reuters reported on June 23. 26 June 2017
Insurance
Barbican Insurance Group has established a new US specialty managing general agency (MGA) led by Colin Mayo, the former executive vice president and chief underwriting officer at Ariel Specialty. 16 November 2017
Insurance
The combination of continued competitive pressures, the effects of US tax reform and catastrophe losses in 2017 is leading to speculation of more mergers and acquisitions (M&A) among re/insurers in 2018, especially in the Bermuda market, says Fitch Ratings. 12 February 2018
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