News
Insurance
Fitch Ratings has affirmed the 'A+' (Strong) Insurer Financial Strength (IFS) ratings of the operating subsidiaries of AXIS Capital Holdings and AXIS Capital's 'A-' Issuer Default Rating (IDR) but has kept the Rating Outlook as Negative. 10 October 2018
Insurance
A lack of standard terminology in cyber insurance policies causes confusion for brokers and customers, and is a ultimately stifling market growth, the CEO of cyber insurance comparison engine Cyber|Decider has warned. 7 January 2019
Insurance
The supervisory boards of Deutsche Rückversicherung and the Association of German Public Insurers (VöV) appointed Frank Schaar as CEO of both companies with immediate effect. 26 February 2018
Insurance
Allianz Legal Protection (ALP) and JLT Specialty have created Omnium, a specialist after the event (ATE) insurance solution for insolvency practitioners (IP’s). 29 January 2018
Insurance
Hannover-based insurance Group Talanx on November 28 successfully placed a hybrid bond with a volume of €750 million, issued primarily to international and domestic institutional investors. 29 November 2017
Insurance
Shareholders representing 39 percent of the equity have voted against the continuation of the Blue Capital Alternative Income Fund at the annual general meeting and the company’s board is recommending an orderly run-off of the company. 11 May 2018
Alternative Risk Transfer
Italian insurer Generali is taking advantage of more attractive conditions in the insurance-linked securities (ILS) market for windstorm reinsurance protection. 19 March 2018
Insurance
Liberty Mutual Holding Company (LMHC) more than doubled profits year on year in the first quarter of 2018 on lower natural catastrophe costs. 3 May 2018
Insurance
Aioi Nissay Dowa Insurance Europe (the ANDIE Group), a unit of Tokyo-based MS&AD Group, plans to purchase the remaining 24.99 percent of shares of Box Innovation Group (BIGL), which includes the brands insurethebox and drive like a girl. 16 January 2018
Insurance
Cayman Islands-based Greenlight Capital Re has posted a loss in the third quarter of 2018 driven by investment and underwriting losses. 6 November 2018
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