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TRIA extension remains uncertain; AM Best assesses consequences
Insurance
AM Best has identified 30 insurers with substantial terrorism exposures and a heavy reliance on the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is due to expire on December 31, 2020—something the rating agency has described as a significant concern.   21 October 2019
Insurance
Allianz will open its simplified cash tender offer for Euler Hermes shares on January 15, offering 122 euros per share, after French markets regulator Autorité des marchés financiers (AMF) cleared Allianz tender offer and the related tender offer document.   12 January 2018
Insurance
Hong Kong-based Peak Reinsurance Company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore to write reinsurance business in the country.   10 November 2017
Insurance
Risk modelling and analytics firm RMS has appointed Adam Sandler as head of underwriting, cyber and model solutions.   28 February 2018
Reinsurance
This year the financial hub and risk centre of Bermuda showed it has big ambitions for the future. We highlight 10 key events in 2022 that have moved the Island closer to its goals.   22 December 2022
Insurance
Losses from the California Wildfires will reach between $8 billion and $10.5 billion, according to risk modelling firm AIR Worldwide, which has now conducted a damage survey and acquired new information about policy terms, and a re-examined the replacement values of high-value homes within its industry exposure database (IED).   17 November 2017
Insurance
AXA Insurance has partnered with UK-based start-up Brolly to provide a new car insurance product.   28 February 2018
Insurance
Vienna Insurance Group (VIG) has merged its Baltic states subsidiaries InterRisk and BTA Baltic Insurance Company to strengthen its market position in the region.   12 January 2018
Insurance
The Mexican insurance market has enormous potential, although according to Manuel Escobedo, president of the Mexican Association of Insurance Institutions (AMIS), that potential could be less than has generally been portrayed.   8 September 2019
Insurance
UK insurer Esure has seen its reinsurance costs rising by 33 percent during renewal in 2017 due to the UK’s Ogden personal injury discount rate change.   7 March 2018

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