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Guernsey insurance licenses up by 52 in 2012

Europe, Guernsey03-07-2012Insurance news

63 new licences have been issued and 11 surrendered during the first five months of 2012, meaning that the number of international insurance entities licensed in Guernsey has grown by 52 over that period.

Towers Watson Capital Markets launches $22.78 million cat bond

Asia Pacific, Europe, Latin America, MENA, North America02-07-2012Alternative Risk Transfer News

Towers Watson Capital Markets last week arranged a private placement catastrophe bond, Oak Leaf Re 2012-1, which closed at $22.78 million.

Thiam named as next ABI chairman

Europe28-06-2012Insurance news

The board of the Association of British Insurers (ABI) has appointed Tidjane Thiam to be the association’s next chairman.

Insurance partner recruited by Hogan Lovells

Europe27-06-2012Insurance news, Reinsurance News

Helen Chapman has been appointed partner in the insurance and reinsurance group of Hogan Lovells.

A hard market? Don’t hold your breath!

27-06-2012Casualty, Insurance news, Property cat

The property-casualty industry is unlikely to see a return to a traditional hard market either this year or next, despite price increases on some lines of business over recent months.

Lloyd's of London and title underwriters agree reinsurance alliance


Five title underwriters have formed a reinsurance alliance with Lloyd's of London, called The American Title Reinsurance Alliance.

Non-life insurance premiums grew in 2011 despite an overall decline, says Swiss Re study


The latest sigma study by Swiss Re has revealed that non-life premiums expanded 1.9 percent during 2011, despite overall premiums declining 0.8 percent.

White Mountains Solutions to acquire American General subsidiaries


White Mountains Solutions, the specialist runoff acquisition subsidiary of the White Mountains Insurance Group, is to acquire American General Indemnity Company and American General Property Insurance Company from American General.

Russian insurance sector ‘gaining pace’, says AM Best


Russia’s relatively young insurance sector, although facing several challenges, is developing at an impressive rate, according to a new report by rating agency AM Best.

ACE Europe has A+ rating affirmed


Rating agency AM Best has affirmed its financial strength A+ rating for ACE Europe Group Limited (AEGL), along with the group’s “aa” issuer credit rating.

Showing 17611 to 17620 of 17890 results

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