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There is only a low probability that ratings of property/casualty insurance companies in Mexico will be affected by Hurricane Patricia, which made landfall on October 23 along Mexico’s west coast, rating agency Fitch has said. 27 October 2015
Alternative Risk Transfer
Rating agency AM Best has published new draft rating criteria for insurance-linked funds (ILF) and is seeking comments from market participants. 30 September 2014
Insurance
Risk modelling company RMS is preparing to back the expected business boom from public-private insurance collaborations by developing products to cater to the new marketplace. 26 October 2015
Insurance
Allied World Assurance Company has reported a 19 percent decrease in its reinsurance business in the second quarter of 2014 thanks to lower premiums across most lines of business. 24 July 2014
News
Reinsurer Gen Re has appointed Pietro Toffanello as chief executive officer (CEO) of Faraday, part of the Gen Re corporation. 18 January 2016
Insurance
GCube, an underwriter for renewable energy initiatives, has strengthened its underwriting team to develop its weather risk transfer mechanism across the North American market. 18 May 2016
Insurance
Zurich Insurance will seek further efficiencies in its reinsurance programme by combining parts of its two major placements globally, in a move that will benefit its core reinsurance partners at the cost of some smaller players, Markus Meier, head of reinsurance management at Zurich Insurance Company, told Baden-Baden Today. 24 October 2016
Insurance
Novae Group, the specialist insurance group, has posted a solid third quarter as its marine, aviation and political risk (MAP) division enjoyed a successful quarter. 12 November 2014
News
The influx of alternative capital will encourage creativity and innovation, however, the industry must remain disciplined says Kathleen Faries from Tokio Solutions Management (TSM). 9 September 2013
Insurance
A comprehensive Insurance Efficacy guide to help Airmic members purchase the best possible cover for their organisations was launched yesterday (Tuesday June 17) at this year’s Airmic conference in Birmingham. 18 June 2014
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