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Broker Cooper Gay Swett & Crawford (CGSC) has made a number of plans designed to streamline costs and generate operational efficiencies following a downgrade by ratings agency Standard & Poor’s. 1 September 2014
Insurance
As more stressful market conditions limit organic growth potential, the reinsurance market is likely to see increased merger and acquisition (M&A) activity. 1 September 2014
article
The significant rate declines seen in the reinsurance market, especially in property catastrophe lines, are set to continue into 2015. 29 August 2014
article
The outlook for Brazil’s insurance sector is set to remain stable as interest rates which will help strengthen net investment income counteract price competition in the region. 29 August 2014
News
Reinsurers can play a role in building governments’ resilience to the financial shocks associated with natural catastrophes. 28 August 2014
article
QBE Australia is set to offer professional indemnity (PI) for all Civil Aviation Safety Authority (CASA) appointed Approved Testing Officers (ATOs) and those transitioning to the new Flight Examiner Rating (FERs). 26 August 2014
article
Allianz Global Corporate & Specialty Resseguros Brazil (AGCS Re Brazil) has expanded its South American business by providing reinsurance solutions in Peru. 26 August 2014
Insurance
Energy underwriters who believe that the softening in the energy market may soon come to an end are suffering from ‘wishful thinking’, according to Willis. 22 August 2014
Insurance
Reinsurance Group of America (RGA) has completed a transaction with Delta Lloyd Levensverzekering, the Dutch life insurance arm of the Delta Lloyd Group to mitigate longevity risk. 22 August 2014
News
Fitch has raised to positive the outlook on the A+ financial strength rating of SCOR and its main subsidiaries, reflecting improved profitability, strong solvency and financial leverage for its risk profile. 21 August 2014
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