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Insurance
Bermuda-based property/casualty commercial lines re/insurer XL Group received other potential bids before sealing the deal with AXA, which agreed to pay significantly more than other suitors. 17 April 2018
Insurance
XL Catlin has opened a reinsurance unit to provide facultative and treaty reinsurance across Africa. 18 July 2016
Insurance
Income from disposals has helped Canada-based property/casualty re/insurer Fairfax Financial Holdings to weather the impact of nat cat events in the third quarter of 2017. 3 November 2017
Insurance
Insurers with large Italian operations will probably have the greatest increase in capital charges if European regulators were to remove the zero risk-weighting for sovereign debt under Solvency II's standard formula, says Fitch Ratings. 24 November 2015
Awards
Ireland is the most attractive location for insurers seeking to create a unit within the EU to retain access to the common market after the Brexit vote, according to a survey conducted by Intelligent Insurer. 5 April 2017
Insurance
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has entered the US medical reinsurance market, offering a portfolio of customised solutions to manage medical risk and complex claims. 16 June 2017
Insurance
Liberty International Underwriters, a division of Liberty Mutual Insurance, has entered into a strategic alliance with NJ PURE, a New Jersey-based not-for-profit medical malpractice insurer. 11 March 2014
Insurance
Reinsurers should be assuming higher levels of volatility from cedants than they have historically, helping smooth their clients’ long-term earnings in the process, believes Anna-Kitty Ekstam, head of reinsurance at Scandinavian insurer If…. 21 October 2014
Insurance
Bermuda-based insurer Sirius said on Sept. 14 that it entered into a definitive agreement to purchase of 4.9 percent of Israel’s The Phoenix Holdings from Delek Group for NIS 208 million ($59.04 million) in cash. 15 September 2017
Insurance
The implementation of parts of C-ROSS, the new solvency regime for China, will drive a requirement for ratings recognised in China, Ulrich Bierbaum, general manager Dagong Europe, told Baden-Baden Today. 20 October 2015
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