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VIG Re, the Czech Republic-based reinsurer, posted stable profits in 2013 despite a drop in its premiums written for the year and a drop in profits due mainly to high losses from various natural catastrophe events in central Europe last year. 22 April 2014
Insurance
Mutual insurers face increasing pricing pressure in the current market environment and must differentiate themselves and ensure they make full use of analytics to remain competitive, according to Willis. 17 April 2014
Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance would have been no surprise for many in the industry who have been forecasting that the many competitive pressures in the industry could trigger more mergers & acquisitions for some time. 15 April 2014
Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance could well represent just the start of a period of intense mergers & acquisitions (M&A) activity for the reinsurance industry that some commentators have been forecasting for some time. 15 April 2014
Insurance
AM Best has upgraded the financial strength ratings of a number of subsidiaries of ACE to A++ from A+. 14 April 2014
News
Reinsurance prices in the April renewals softened by more than expected and further sharp declines in rates should be expected in the June renewals, a critical point for the Florida property-catastrophe market. 9 April 2014
Insurance
Energy insurance buyers will benefit from renewed competition and a softening of energy insurance at their mid-year policy renewals. 9 April 2014
Insurance
Aurigen Capital, the Bermuda-based insurance holding company with a focus on the reinsurance of life insurance policies, is looking to complete an initial public offering (IPO) in Canada. 8 April 2014
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