Articles
Insurance
The French Federation of Insurance (FFA) has been established following the merging of the French Federation of Insurance Companies (FFSA) and the Association of Mutual Insurance Companies (GEMA). 12 July 2016
Alternative Risk Transfer
The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection. 7 February 2018
Insurance
PartnerRe’s third quarter results were hit hard by losses from Typhoons Jebi and Trami and Hurricane Florence as well as losses on its investment portfolio though its CEO was upbeat as its non-life unit reported an underwriting profit in the first nine months of the year. 15 November 2018
Insurance
The re/insurance markets remain cyclical, with the industry operating on the very margins of profitability, a big catastrophic loss would adjust the balance of capital and underwriting opportunity, Alex Maloney, group chief executive of Lancashire, said in the company’s annual report. 14 March 2017
Insurance
Cape, a UK-based manufacturer of industrial materials, has agreed to pay a £52.5 million product liability settlement to three insurers relating to litigation over the carriers' historic employers' liability exposures, however, Cape has not admitted any liability, describing the settlement as "removing the distraction of a likely protracted appeals process". 14 March 2017
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group. 19 June 2017
Insurance
Insurer RSA has sold its minority stake in Indian insurer Royal Sundaram Alliance Insurance Company to Sundaram Finance, its joint venture partner. 18 February 2015
Insurance
Broker Willis Towers Watson has strengthened its global FINEX business with several key leadership appointments. 20 April 2017
Insurance
Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts. 6 March 2018
Insurance
Re/insurer XL Group has revealed several organisational and leadership changes ahead of the planned integration with the AXA Group. The move has led to the departure of top executives such as chief executive of global lines Doug Howat and chief experience officer Paul Jardine. 15 May 2018
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