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Insurance
A likely reduction in the UK's Ogden discount rate in February 2017 would result in higher costs for claims settled as a lump sum, Fitch Ratings said. 13 February 2017
News
Sompo Canopius Re has appointed Christopher Gray as the head of protection and indemnity (P&I) reinsurance, effective immediately. 13 February 2017
Insurance
US health insurer Anthem is appealing against the Department of Justice’s decision to block the proposed merger with its rival Cigna but analysts see little chance of success. Instead, Cigna may look for other potential acquisitions to grow. 13 February 2017
Insurance
Former Flood Re CEO Brendan McCafferty has taken up his new role as CEO for intermediated and direct at AXA. 13 February 2017
Insurance
Cincinnati Insurance Companies has renewed its Skyline Re catastrophe bond as a private placement and expanded its indemnity-based collateralised reinsurance coverage by raising $180 million with the help of JLT Capital Markets (JLTCM). 13 February 2017
Insurance
Re/insurance broker Aon plans to deploy a significant part of the proceeds from the $4.3 billion sale of its outsourcing platform to acquisitions, executives said during a Feb. 10 results presentation. 13 February 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Nick Pritchard as head of property reinsurance with immediate effect. 13 February 2017
Insurance
Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey. 13 February 2017
Insurance
Re/insurance broker Miller has expanded its UK facultative property team with the appointment of senior broker and producer Damian Richards. 10 February 2017
Insurance
In what represents an important step forward for the insurance-linked securities (ILS) markets, AlphaCat Managers, the ILS investment adviser that is a subsidiary of Validus Holdings, has completed the first catastrophe bond to cover risks from Latin America. 7 February 2017
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