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Insurance
Reinsurers—especially those writing long-tail quota share business—should pay much closer attention to the financial health of their cedants or face what could be dire consequences if that insurer goes out of business. 11 September 2017
Insurance
AXIS Capital is to acquire Lloyd's insurer Novae Group for £468 million ($604 million) in an all-cash deal based on paying 700 pence per Novae share. The transaction is expected to close in the fourth quarter of 2017. 6 July 2017
Insurance
Australian insurers have started estimating the likely cost of the hailstorms that hit the East Coast on February 18. 6 March 2017
Awards
In our survey of Europe’s market leaders, we asked our European readers to provide their opinions on the Continent’s leading players. Respondents were drawn from a host of companies from across the industry
and their answers provide a telling insight into the industry’s best. 1 October 2010
Insurance
Terrorist groups such as Islamic State have shed light on gaps in the offering of terrorism insurance which offers an opportunity to grow for some carriers. 26 December 2016
Insurance
Aon Securities has published its annual ILS report: Alternative Capital Breaks New Boundaries. Paul Schultz, its chief executive, tells Baden-Baden Today about the key developments during what has been a record year for ILS. 24 October 2017
Insurance
Enstar, an insurance holding company that owns StarStone and Atrium, posted improved profits in the first quarter of 2017 though its net written premiums shrank as it warned on “challenging market conditions” in both underwriting and investing and “overcapacity in many markets for insurable risks”. 9 May 2017
Insurance
The insured property market loss for Tropical Storm Debbie, the strongest tropical cyclone in the Australian region since Cyclone Quang in 2015, is estimated at A$1.12bn ($823 million), according to PERILS. 9 May 2017
News
Stock prices for publicly traded reinsurance companies increased moderately during 2015 and remained well above the overall market with just two of 18 selected companies experiencing negative stock price movement, according to a new AM Best report focused on reinsurance companies’ stock performance in fourth-quarter 2015. 13 April 2016
Insurance
Lloyd’s of London will start its India operations in Mumbai by early 2017. 10 June 2016
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