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Insurance
A low interest rate environment in China continues to place pressure on the profitability of the country’s life insurers, which rely on interest spreads for profits, according to a Fitch Ratings report.   9 December 2016
Insurance
Tokio Marine Kiln (TMK), provider of specialist and corporate insurance, has appointed Andrew Brand and Dervla Lynchehaun as liability underwriters in its London office.   15 December 2015
Insurance
The Insurance Information Institute (III) has published ramifications for the insurance industry of the spread of the Ebola virus which, at the time of writing, has infected at least 8,399 people and killed 4,035, according to the World Health Organization.   28 October 2014
Insurance
While overall conditions for reinsurance buyers are fairly good due to soft pricing driven by overcapacity in the market, primary insurers in Germany may face difficulties to strike a reinsurance deal for industrial fire insurance in the upcoming renewals season.   8 November 2016
Insurance
New Zealand insurance company Tower has sold its remaining life business, Tower Life (NZ), to Foundation Life, for NZ$36 million ($31.5 million).   1 July 2014
Insurance
A new EU framework on recovery and resolution for insurers is not required, because Solvency II already provides strong safeguards. However, a degree of convergence on certain issues may be beneficial, according to Insurance Europe, the European insurance and reinsurance federation.   6 March 2017
Insurance
Specialist Lloyd's insurer Neon has expanded its underwriting management team with the appointment of Annabel Fell-Clark and the promotion of Andrew Dougall.   27 June 2017
Insurance
Cyber risk, terrorism and D&O risks are high on the agenda for companies in Asia, Chin Feng, Hong Kong & Greater China CEO for Allianz, told EAIC Today.   12 October 2016
Insurance
AmTrust Financial Services has informed shareholders that "a representative of the company will count the votes and act as an inspector of election" at the company's special meeting next week, which means that the company will act as judge and jury of the shareholder vote on June 4, according to activist investor Carl Icahn.   31 May 2018
Insurance
Fluctuations in the profitably of its reinsurance businesses contributed to a drop in earnings at Berkshire Hathaway’s first quarter results. Its unit Berkshire Hathaway Reinsurance Group in particular saw a severe fall in its pre-tax profits due to fluctuations in currency exchange rates and one off deals in the first quarter last year.   6 May 2014

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