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Insurance
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) of Lloyd’s Syndicate 1183 (UK), which is managed by Talbot Underwriting. However, it has also withdrawn the rating in response to the company’s request to no longer participate in AM Best’s interactive rating process. 8 April 2016
Insurance
Fadata, a provider of advanced insurance policy administration and claims solutions, has appointed John Macdonald as its new chief executive officer (CEO). 7 April 2016
Insurance
The global insurance industry was a very active participant in the mergers and acquisitions (M&A) wave of 2015, accounting for nearly $150 billion, according to a new report from Standard & Poor’s (S&P). 5 April 2016
News
Reinsurance pricing has continued to soften following another unusually benign year for catastrophe losses, according to a new report from Standard & Poor’s (S&P). 30 March 2016
Insurance
Insurance group Talanx grew significantly in the financial year of 2015, exceeding its group net income target despite the a goodwill impairment in the German life insurance business in the second quarter. 21 March 2016
article
Italian insurance company Generali experienced its best profit in eight years in 2015, posting a net income of €2.03 billion, up 21.6 percent from a net income of €1.67 billion in 2014. 18 March 2016
News
Rating firm Standard & Poor's (S&P) has assigned its preliminary 'A-' counterparty credit and financial strength ratings to UK-based single-peril reinsurer Flood Re. 18 March 2016
Insurance
Sapiens, the global provider of software solutions for the insurance industry, has launched its Sapiens IDIT Software Suite v13.1 to its property and casualty (P&C)/general insurance (GI) customers and business partners worldwide. 15 March 2016
Insurance
Xchanging, the process management firm, has posted a decrease in its net revenue for 2015, down to £400.5 million, compared with £406.8 million in 2014. 4 March 2016
Insurance
Global re/insurance company XL Group is planning to redomesticate its parent holding company’s place of incorporation to Bermuda from Ireland. 29 February 2016
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