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Alternative Risk Transfer
The ILS markets will evolve as a result of lessons learned in the past 12 months, gaining sophistication and depth in the process, says Jeff Mohrenweiser of Fitch Ratings. 28 October 2018
Insurance
AM Best has assigned a financial strength rating of A+ (Superior) to property/casualty firm WR Berkley Europe. The outlook of the rating is stable. 3 November 2015
News
Swiss Re has entered into a strategic initiative with SAP, a company that sells enterprise application software. The companies said they aim to develop a solution to address the increasingly complex demands related to financial steering and reporting of insurance companies from regulators across the globe. 2 February 2017
Insurance
Insurance premium tax is set to hike to 9.5 percent in the UK from 6 percent, George Osborne, the UK Chancellor of the Exchequer, revealed today. 8 July 2015
Insurance
UK comprehensive car insurance prices rose 18 percent on an annualized basis to £847 in the second quarter, the biggest quarterly rise in seven years, pushing the cost of UK car insurance close to an all-time high. 10 July 2017
Insurance
Dutch insurer Delta Lloyd increased its gross written premiums in the first nine months of 2016 as it stressed it has also exited unprofitable and unattractive business segments as part of a wider ongoing restructuring. 16 November 2016
Insurance
Private equity firm Yunfeng Financial Group is the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit. 21 August 2017
Insurance
ACE Group has appointed Shankar Krishnan to the newly created underwriting management role for its Eurasia and Africa region. 31 March 2015
Insurance
If the London Market is to enjoy overseas growth post-Brexit, its regulator will need to adopt a new approach, Peter Allen, partner in the insurance division at accountancy and consultancy firm Moore Stephens, told SIRC Today. 31 October 2017
Insurance
MGA owners perform better if their interests are aligned with those of their carriers. Citadel Risk Services has developed a unique way of achieving this, as Mike Palmer of Citadel explained to Baden-Baden Today. 22 October 2018
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