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Insurance
IAIS commitment to transparency may help insurers avoid G-SII list: Fitch
The International Association of Insurance Supervisors’ (IAIS) commitment to a more transparent approach may help insurers avoid making the list of global systematically important insurers (G-SIIs).   21 June 2016
Insurance
Everest Re claims ‘excellent’ Q2 2017 results
Bermuda-based Everest Re has reported that it made a profit of $245.7 million for the second quarter of 2017, a marked improvement on the $155.7 million it made in the same period of 2016.   25 July 2017
News
Capita Insurance Services appoints risk manager
Capita Insurance Services announces the appointment of Sue Perry as risk manager in its Managing General Agent (MGA) investment business.   15 May 2013
Insurance
Cyber tops reinsurers’ concerns for first time
Cyber risk has topped the list of concerns for reinsurers for the first time, reflecting the anxieties around underwriting a risk that’s constantly changing and the rising threat to reinsurers themselves, according to a new report by PwC.   10 September 2017
Insurance
European Parliament rejects PRIIPs RTS
The European Parliament has voted to object to the regulatory technical standards (RTS) for the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation.   15 September 2016
Insurance
Soft pricing and low profitability biggest challenges for re/insurers in 2017
A soft market squeezing profitability in the insurance and reinsurance market is the biggest concern for executives, according to an online survey conducted among Intelligent Insurer readers.   28 December 2016
Insurance
Analysts positive on AIG-Validus deal
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers.   23 January 2018
Insurance
Hispania and PartnerRe Wholesale launch new offering in Spain
Underwriting agency Hispania Global Underwriting, part of Hispania Group, partnered with PartnerRe Wholesale, the specialist SME-focused division of PartnerRe, to target the Spanish market, with underwriting authority extended to Italy and Portugal.   11 November 2015
Insurance
IFRS 17 implementation may cost up to £2bn in the UK, says Prudential CFO
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential.   1 June 2017
Insurance
CIMA names new head of insurance supervision
The Cayman Islands Monetary Authority (CIMA) has named Ruwan Jayasekera as head of its insurance supervision division, effective July 14.   20 July 2016

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