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Insurance
In recent months, life insurance has lost some of its appeal as demand for bank deposit savings surpassed traditional life insurance, AM Best said in a report. 27 March 2017
Insurance
Assessing risk of over 500 active volcanoes, Swiss Re’s global volcano model calculated that large cities face total economic losses of as much as $30 billion. 24 March 2017
Insurance
Switzerland-based Allied World Assurance Company's shareholders have approved the merger transaction with Canada-based property/casualty re/insurer Fairfax Financial Holdings. 23 March 2017
Insurance
US law firm Drinker Biddle & Reath has strengthened its insurance regulatory and transactional capabilities with the addition of Dan Brown as partner. 22 March 2017
Insurance
Dutch insurer Delta Lloyd expects to receive the regulatory approval for the company’s €2.5 billion takeover by its competitor NN Group in the second quarter of 2017 but warns on the risks of the deal. 22 March 2017
Insurance
Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation. 22 March 2017
Insurance
The management of CFC, the largest independent managing general agent (MGA) in the UK, are to execute a management buyout of the business with the backing of private equity firm Vitruvian Partners. 22 March 2017
Insurance
Many industry participants have commented and speculated that reinsurance panels have shrunk over the past ten years. This is only true for the largest cedants, which have at the same time grown their ceding rates, according to a study titled “Buyer Trends in Property‐Casualty Reinsurance,” which analysed the US market. 21 March 2017
News
Reinsurance broker JLT Re has partnered with risk modelling company KatRisk to offer flood modelling in Canada. 21 March 2017
Insurance
German insurer Hannover Re has reached an agreement to acquire the entire share capital of the UK holding company Argenta, which owns Lloyd’s managing agent Argenta Syndicate Management and Argenta Private Capital as well as pro rata share of the Lloyd's Syndicate 2121. 20 March 2017
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