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Sanctions is a word sometimes thrown about by politicians, but it’s an issue that insurers need to be aware of due to their wide-ranging impact. Intelligent Insurer investigates. 6 June 2016
News
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds—and they could last much longer than many reinsurers feared, according to S&P Global Ratings. 11 September 2016
News
The board of directors of Willis Group has nominated Francisco (Paco) Luzón and Jaymin Patel to become directors of the company. These nominations complete the slate of directors that will be presented to Willis Group shareholders at the company's upcoming annual general meeting. 7 June 2013
News
Florida Hurricane Cat Fund (FHCF) has secured approval from Florida’s State Board of Administration (SBA) to buy $1 billion of reinsurance coverage. 15 April 2015
Insurance
Claims handling firm Cunningham Lindsey has announced the creation of a new loss adjusting, audit and review and training hub, based in Miami, from which it plans to expand the support it can offer clients across Central and South America and the Caribbean. 8 September 2015
Insurance
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds, according to rating agency Standard & Poor’s. 7 September 2016
News
Nexus Underwriting Management has announced the launch of its new Lloyd’s managing general agency, Nexus Professional Risk (NPR). 27 March 2012
Insurance
AM Best has announced that the financial strength rating (FSR) of A+ (Superior) of Zurich Insurance and its rated affiliates are unchanged following the announcement that Zurich American Insurance Company (ZAIC), Zurich’S US non-life subsidiary, will acquire 100 percent of Rural Community Insurance Agency (RCIA) and its wholly owned subsidiary, Rural Community Insurance Company (RCIC), together known as Rural Community Insurance Services (RCIS). 23 December 2015
Insurance
Re/insurers are making more capacity available for parametric weather coverage, which is driving prices down, according to Kurt Cripps, managing director at Aon Benfield, who said that the broker has created a panel of more than 15 carriers. 24 October 2016
Insurance
Rushed changes to the ultimate forward rate (UFR) could risk pushing insurers towards sub-optimal investment strategies, which could unnecessarily impact policyholders’ returns negatively, according to Insurance Europe, the European insurance and reinsurance federation. 18 July 2016
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