News
News
Munich Re will target higher profits by growing its property/casualty (P&C) reinsurance business, turning around its primary insurer ERGO, taking advantage of digitisation and by cutting costs, CEO Joachim Wenning explained during the reinsurer’s second-quarter results presentation. 9 August 2018
News
Admin Re, a closed life book consolidator owned by Swiss Re, is to buy Guardian Financial Services Europe from private equity company Cinven for £1.6 billion. 23 September 2015
Insurance
Prices plummeted in the first Lloyd’s capacity auction of 2014 for Names-backed Syndicates. Despite more capacity being tendered than in any auction since 2011, interest in bidding for it was limited. 6 October 2014
News
Boosted by a slight hardening of rates on some lines and a relatively benign period of catastrophe activity, it seems many reinsurers have responded to the difficult investment environment by improving the profitability of their underwriting books. A number of reinsurers have posted healthy combined ratios for their 2012 results in recent weeks. 12 February 2013
Insurance
Liberty Mutual has agreed to acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 5 December 2016
Insurance
Many reinsurers underestimate the obstacles that often still need to be overcome when it comes to turning a positive outlook from a rating agency into an upgrade. But it is still achievable if the rating agency’s methodology and requirements are better understood. 12 September 2017
Insurance
Maintaining a good relationship with the rating agencies is more important than ever for reinsurers. Rowena Potter, senior consultant with Litmus Analysis, offers 11 tips that will smooth the path to a better mutual understanding. 10 September 2017
News
Some of the world’s biggest reinsurers will be hardest hit by a prolonged soft market if an analysis of ratio of reserves to premiums is conducted, according to analysts at CreditSights. 30 September 2016
Insurance
Free trade environments for re/insurers are under threat from jurisdictions adopting more protectionist measures—but many such regimes may actually hurt the very economies they aim to protect. 31 October 2017
Insurance
ANV Syndicates, the Lloyd’s underwriting platform of global speciality insurance group ANV, has appointed Sue Clark as senior underwriter for ANV Life Syndicate 779. 27 July 2015
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