Articles
Insurance
AM Best has upgraded the financial strength rating of Arab Insurance Group (Arig) to A- (Excellent) from B++ (Good). The outlook of the rating has been revised to stable from positive. 22 December 2016
Insurance
Tokio Marine Kiln has created a digital platform which allows it to service demand for insurance any time and on demand, explains Tom Hoad, head of innovation at the company. The benefits of the platform include the fact that it delivers a very clean dataset which can be analysed for better risk insight, he notes. 22 December 2016
Insurance
After a spate of big deals and with consolidation in the re/insurance industry showing little sign of slowing, Intelligent Insurer examines the different ways the success—or failure—of a merger or acquisition may be judged in its aftermath. 21 December 2016
Insurance
California-based Alliant Insurance has appointed Robert Bothwell as executive vice president of its energy and marine group and has made six other appointments from Bothwell’s team. 21 December 2016
Insurance
2016 has again been a benign year in terms of large catastrophe losses, but geopolitical developments have added new challenges to the sector. Intelligent Insurer asked executives from re/insurance firms including Swiss Re, Argo, AM Best and Willis Re for their opinions on the most important developments in the re/insurance industry in 2016. 21 December 2016
Insurance
Some of the pressures the re/insurance sector faced in 2016—low interest rates, uncertainties around Brexit and a soft market—are likely to persist in 2017. But some additional drivers are set to affect the performance of the sector, as described by executives from major players such as Markel, Swiss Re and Willis Re. 21 December 2016
Insurance
Profits and incoming premiums dipped at marine insurer Skuld in the nine months to November 20 this year partly because of some big losses earlier in the year as the company’s CEO stressed its ambition to continue to pursue its diversification strategy. 16 December 2016
Insurance
In a market that is ever-more challenging for insurers, the potential for risk accumulation and unexpected correlations has never been higher, according to a new report by AM Best. 16 December 2016
Insurance
Ratings agencies see the operating environment for reinsurers deteriorating in 2017 which could lead to negative ratings actions particularly for smaller players. 15 December 2016
Insurance
Pressure on the reinsurance business has been significant in 2016 due to a low interest rate environment and a soft market, but 2017 is likely to be even tougher and could lead to negative ratings actions, according to major rating agencies. 14 December 2016
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