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Leading reinsurer Swiss Re has sought shareholder approval for a ten percent increase in ordinary divided, following newly enforced Swiss regulation.   18 March 2014
Insurance
Further declines in profitability and earnings driven by competitive market conditions has prompted rating agency Fitch to revise its sector outlook for the US property/casualty insurance sector to negative from stable.   1 December 2016
Desperate ILS funds doing ‘crazy’ deals in renewals
Alternative Risk Transfer
The prevalence of alternative capital meant the industry’s response to the 2017 losses was very different from the past, with the new capital that entered the industry behaving in a way that was transactional and short-term—and almost desperate in some instances.   28 October 2018
Insurance
UK insurer Aviva has agreed to acquire pensions company Friends Life for £5.6 billion.   2 December 2014
News
A new fund is seeking to attract financing from insurers to invest in the insurtech sector, aiming to offer an alternative solution to insurers as they leverage new technologies that are transforming the sector.   11 April 2018
Insurance
Insurer QBE has appointed Malc Simpkin, formerly of Aviva, as chief information officer (CIO).He will report to Joe Gordon, chief operations officer.   6 May 2014
Insurance
The Financial Conduct Authority (FCA) has fined five individuals and two firms a total of £15.5 million, in addition to banning four of those individuals, for significant integrity and competence failings.   3 February 2016
Insurance
The trend towards greater regulation in many Latin American countries will be good for re/insurers in terms of capital adequacy, says Eduardo Recinos, the co-head of Insurance Institutions for Latin America for Fitch.   28 October 2015
Insurance
ACE has strengthened its professional lines division in North America with two appointments.   25 February 2015
Alternative Risk Transfer
With the right investment strategies alternative capital can have a significant positive impact on most investors’ overall portfolios, as Paul Schultz, CEO of Aon Benfield Securities, explains.   24 March 2016

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