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More government or state run insurance pools and organisations will turn to the use of catastrophe bonds this year as the cost of such deals gets ever closer to that of using traditional reinsurance. 30 January 2014
Insurance
Rating agency Fitch has welcomed the recent rise in European insurer’s solvency ratios. 22 March 2012
Insurance
Rating agency Fitch has affirmed Lloyd’s of London’s Insurer Financial Strength (IFS) rating at 'A+'. 9 July 2012
Insurance
The passage of a bill similar in form to the Terrorism Risk Insurance Program Reauthorization Act of 2014, approved by the Senate Banking Committee this week, would stem the risk of any economic or insurance market disruption tied to terrorism exposures in the near term, according to Fitch. 5 June 2014
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT. 8 October 2018
Insurance
The insurer reported a decline of 59.2 percent in its net profits in the first quarter of 2020. 22 May 2020
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
The Massachusetts Property Insurance Underwriting Association (MPIUA) has launched a three-year catastrophe bond via Hannover Re. 8 April 2015
Insurance
The financial strength rating of Sompo Japan Nipponkoa following its planned acquisition of Endurance Specialty Holdings looks stable, according to both S&P Global Ratings and Fitch Ratings. 6 October 2016
Insurance
Tokio Marine Holdings’ (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational efficiency in the group's underwriting businesses, Fitch Ratings says. 12 November 2018
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