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Solvency II timetable is not realistic without compromise

Europe09-03-2015

The rushed timetable leading up to the January 2016 implementation of Solvency II is not realistic and will cause implementation challenges and costs for insurers, the deputy director general of Insurance Europe has claimed.

Large players are using size to battle tough market conditions: KPMG

Europe, North America09-03-2015Reinsurance News

Large players are entering into alternative capital and infrastructure investments to ride out the unfavourable conditions in the market.

Towergate sells Towergate Financial for £8.6m

Europe06-03-2015Insurance News

Towergate Insurance has sold advice arm Towergate Financial to Palatine Private Equity in a deal worth £8.6 million.

Lonmar Global Risks targets casualty with hire

Europe06-03-2015Insurance News

Lloyd’s broker Lonmar Global Risks has hired Alastair Johnstone as divisional director of its non-marine division.

Platinum fails to boost RenRe share price but long-term logic remains sound

Bermuda06-03-2015

RenaissanceRe’s completion of its acquisition of Platinum Underwriters has not resulted in any uptick in share price –largely due to the wider competitive conditions in reinsurance at the moment, according to one analyst. But the long-term implications of the deal should be positive.

Political and security risks are worry for aerospace firms

Asia Pacific06-03-2015Insurance News

Political and security risks are one of the biggest areas of uncertainty and a key consideration for aerospace companies around the world, Tim Holt, head of Intelligence for Alert:24, the crisis and risk management consultancy of Willis, told an aviation conference in Hong Kong this week.

Travelers Europe appoints new CEO

Europe06-03-2015Insurance News

The Travelers Companies has appointed a new chief executive of Travelers Europe.

ILS Fund Services storms through $3bn mark

Bermuda06-03-2015Alternative Risk Transfer News, Insurance News

ILS Fund Services, a Bermuda fund administrator, has hit a significant landmark with its assets under administration exceeding $3 billion for the first time.

Everest Re-backed SIG boosts excess/umbrella coverage

North America06-03-2015Insurance News

Specialty Insurance Group (SIG), an affiliate of Everest Re Group, has increased its excess/umbrella coverage underwriting capacity to $25 million, which is an increase of $15 million.

New hedge-fund backed reinsurer launched on Bermuda

Bermuda06-03-2015Reinsurance News

A new hedge-fund backed reinsurer has been launched on Bermuda. Sandell Re, a Class 3A reinsurer, is sponsored by Sandell Asset Management and will operate using the Multi-Strat Re platform.

Showing 15871 to 15880 of 20127 results

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