News

Insurance

Rating agencies give thumbs-up to Aon-Willis deal — but warn of integration risks

They are of the view that the merger creates a "more-complete insurance broker".   10 March 2020

Insurance

IRB Brasil Re placed under review with negative implications as top executives depart

AM Best believes that the company will remain challenged while replacing two key executives.   9 March 2020

Insurance

European storm Dragi-Eberhard insured losses rise to €782m: Perils' final estimate

Dragi-Eberhard is said to be the largest windstorm of the 2018/2019 European extratropical cyclone season.   9 March 2020

Insurance

Sirius Group reports 2019 loss; warns further downgrades would harm business

Sirius warns of further impact from CMIG's perceived control over the group.   6 March 2020

Insurance

Sirius downgraded by AM Best because of concerns over Chinese parent

There are signs CMIG will assert more control.   5 March 2020

Insurance

APCIA urges congress to reject bans on risk-based pricing

It has invited congress to work with insurers to reduce costs.   5 March 2020

Insurance

Moody’s takes negative view of Covea’s PartnerRe purchase

The acquisition will significantly reduce Covea's Solvency II ratio.   5 March 2020

Insurance

Growing cyber book could damage re/insurers’ financial strength

AM Best expects re/insurers’ management approach to come under increased scrutiny.   4 March 2020

Insurance

Global insurers to feel coronavirus impact through financial market volatility

Moody’s says European insurers' Solvency II ratios are particularly sensitive.   4 March 2020

Insurance

Barbados reinsurer Ocean Re mulls expansion in London, LatAm as it merges with Energy Risk Re

The company is training its sights on new markets for expansion.   3 March 2020

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