News
Insurance
Solvency II creates an environment for greater risk-driven management of the re/insurance companies doing business in and with Europe, say Andrew Cox, Matthew Eagle and Eddy Vanbeneden of Guy Carpenter. 19 October 2016
Insurance
The African Trade Insurance Agency (ATI), supported by funds from the African Development Bank, has said it is ready to begin covering transactions in Ethiopia and Zimbabwe, with both countries joining ATI as members. 19 October 2016
Insurance
AXIS PRO, a professional lines division of AXIS Insurance, has partnered with cybersecurity ratings provider BitSight to make security ratings available to certain AXIS policyholders, in an effort to reduce their cyber risk. 18 October 2016
Insurance
Brazil’s reinsurance market has remained strong in spite of an unfavourable operating market and hobbled economic growth, according to a report from AM Best. 18 October 2016
Insurance
It takes a sophisticated outlook on business to resist getting a better deal than the year before, but that is exactly what some buyers are starting to do as they empathise with their reinsurers, and also have one eye on self-preservation, as Intelligent Insurer finds. 18 October 2016
Insurance
The transition to a new solvency regime in Mexico based on the principles of Europe’s Solvency II has resulted in lower levels of required technical reserves allowing the country’s insurers to enjoy an immediate benefit to earnings, according to an AM Best's briefing. 14 October 2016
Insurance
Growth prospects in Asia-Pacific are still appealing to many reinsurers even with the prevailing soft markets, according to an AM Best report. 13 October 2016
Insurance
Strategic advisory services are coming into their own in Asia: ratings, Solvency II and regulatory issues are all big topics in the region, David Flandro, global head of analytics at JLT Re told EAIC Today. 13 October 2016
Insurance
As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe. 13 October 2016
Insurance
The proliferation of startups in Asia shows no sign of abating and will change the reinsurance landscape in the region for the long term, says Philip Chung, director at S&P Global Ratings. 13 October 2016
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