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Insurance
Ratings agency AM Best has removed Ironshore Insurance and its subsidiaries from “under review with developing implications” following its acquisition by Liberty Mutual Holding Company’s (LMHC).   2 May 2017
Insurance
Chicago-based commercial and property/casualty (P/C) insurer CNA Financial Corporation boosted results in the first quarter of 2017 pushed by the P/C unit and driven by investment returns and lower underwriting expenses.   2 May 2017
Low interest rates squeeze income, raise insolvency risk for re/insurers
Insurance
Interest rates globally remain very low and will further pressure insurers' investment returns in the next few years. For non-life insurers this will mean falling investment income, but for life insurers the insolvency risk is rising, according to Moody’s.   28 April 2017
Insurance
Canada-based property/casualty re/insurer Fairfax Financial Holdings has recorded a profit in the first quarter of 2017 after a loss in the same period a year earlier while in the process of acquiring Allied World Assurance Company.   28 April 2017
Insurance
Low investment returns and higher capital requirements on some business could drive a two-thirds increase in the volume of German life insurance portfolios in run-off over the next five years, Fitch Ratings says.   28 April 2017
Insurance
The impact of the low interest rate environment has yet to test the robustness of both life and non-life re/insurers as the effect slowly trickles down on companies’ balance sheets, increasingly impacting results, according to Moody’s.   28 April 2017
Insurance
Syndicate Research Limited (SRL) downgraded the Continuity Opinion of Lloyd’s Syndicate 2001 due to its financial underperformance.   27 April 2017
Insurance
Chubb enjoyed a very profitable first quarter and strong growth aided by underwriting income generated by the property/casualty business leading to substantial underwriting income and improved investment returns.   26 April 2017
Insurance
S&P Global Ratings has upgraded the core companies of Germany-based multiline insurer VHV Insurance Group to 'A+' from 'A'. The outlook is stable.   26 April 2017
Insurance
Re/insurers in Bermuda and the US that cover bodily injury claims in the UK will adapt quickly to the higher costs stemming from a change in how settlements are calculated, with just a short-term knock to their earnings, according to a report by Fitch Ratings.   26 April 2017

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