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Insurance
Insurance holding company Aurigen Capital has completed its second embedded value securitisation. It has issued C$210 million ($175 million) of embedded value notes through its subsidiary Valins I. 16 January 2015
Insurance
Multiline property and casualty (P&C) insurer ACE has appointed Juan Andrade as executive vice president (EVP) of the new Chubb Group and president of the international non-life insurance division, which covers operations with both retail broker and wholesale market distribution. 28 September 2015
Insurance
Canopius Group, the global specialty re/insurance platform of NKSJ Holdings, has appointed Shibo Zhang as head of China market, as part of the ongoing expansion of its Asian operations. 30 July 2014
Insurance
Greenlight Capital Re recorded a $30 million net profit in the third quarter of 2016 compared with a net loss of $219.7 million for the same period of 2015. Nevertheless, ratings agency AM Best downgraded the financial strength rating of Greenlight Reinsurance citing underwriting weaknesses. 4 November 2016
Insurance
The US Senate has reauthorised the Terrorism Risk Insurance Act (TRIA) for the next six years, following months of uncertainty. 9 January 2015
Insurance
Rating agency AM Best has warned UK-based insurers to monitor the potential consequences of the UK exiting or renegotiating its position within the European Union. 9 April 2015
Insurance
Insurers have welcomed the investments included in Chancellor Philip Hammond’s Spring Budget announced today,March 8, 2017, but the Insurance Premium Tax remains an issue for the industry. 8 March 2017
Insurance
The demand for weather risk products is growing. Intelligent Insurer asks Nephila Climate chairman Barney Schauble what is driving this forecast. 28 June 2019
Insurance
Novae’s results for the first nine months of 2015 highlighted growth through the addition of new underwriting teams, tempered with continuing challenging underwriting conditions, a difficult quarter for investments and a benign claims environment. 11 November 2015
Insurance
Organizational Strategies, a defence contractor based in Virginia, has paid a $2.2 million settlement to PoolRe Insurance and others. 12 November 2015
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