News

Insurance

Retail focus stabilizes Hiscox

Specialist insurer Hiscox has grown its retail business, helping to stabilize its 2017 results.   26 February 2018

Insurance

Berkshire raises liability estimate on AIG reinsurance deal

Berkshire Hathaway has increased the estimated claim liabilities under a major reinsurance contract with American International Group (AIG) by approximately $1.8 billion.   26 February 2018

News

SCOR reshuffles management in P&C reorganisation move

As part of a reorganisation of its Global P&C operations, SCOR has revealed a number of key appointments.   5 September 2018

Insurance

Lockton launches capital markets unit

Broker Lockton has launched a new investment banking and capital markets operation in New York and has appointed Vishal Jhaveri as its CEO.   5 September 2018

Insurance

Fitch downgrades Cigna on $24bn debt raise for Express Scripts acquisition

Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of US health insurer Cigna Corporation’s operating subsidiaries to 'A' (Strong) from 'A+'.   5 September 2018

Insurance

Nippon Life acquires 85.1% stake in MassMutual Japan

MassMutual International has completed its sale of 85.1 percent of MassMutual Japan - its wholly-owned life insurance and wealth management affiliate - to Osaka-based mutual life insurer Nippon Life.   1 June 2018

Insurance

The Hartford completes Talcott sale

The Hartford's run-off life and annuity businesses Talcott Resolution has been acquired by an investor group, and will now operate as an independent stand-alone insurance company headquartered in Windsor, Connecticut, with an office in Woodbury, Minnesota.   1 June 2018

Insurance

Kenya Re downgraded on enterprise risk management concerns

AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition.   21 February 2018

Alternative Risk Transfer

Guernsey demonstrates agility and innovation in ILS market

Dominic Wheatley, chief executive of Guernsey Finance, explains how recent developments in Guernsey have left the jurisdiction stronger and ready for growth in insurance-linked securities and reinsurance.   28 October 2019

Alternative Risk Transfer

Twelve Capital opens London office

Twelve Capital, the Zurich-based independent investment manager, has opened an office in London.   8 October 2014

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