News
Insurance
AM Best has downgraded the financial strength rating (FSR) of Russian Re from B+ (Good) to B (Fair) of Russian Reinsurance Company (Russian Re). The outlook for this rating has been revised from to stable from negative. 25 July 2016
Insurance
With interest rates low and government bonds even lower, financial times have been tough for insurers and reinsurers alike. Intelligent Insurer asked five chief financial officers from some of the biggest companies in the industry about the challenges they’re facing. 22 July 2016
Alternative Risk Transfer
Natural catastrophes in the second half of 2016 could have serious impact on the returns made by the insurance-linked securities (ILS) and reinsurance linked investment markets this year, a panel of industry figures has claimed. 22 July 2016
Insurance
Rating agency AM Best has adjusted the financial strength rating of Lloyd’s from positive to stable on the back of what it described as pressure on Lloyd’s competitive position and prospective financial performance in an increasingly difficult operating environment. 21 July 2016
Insurance
AIR Worldwide (AIR) has developed a global resilience practice, a structure to support risk reduction and resilience initiatives across the globe. 19 July 2016
Insurance
Fitch Ratings has released a report which details the differences and lack of comparability between its own insurance financial strength (IFS) ratings and those of AM Best – in particular at the 'A-' level. 18 July 2016
Insurance
European mutual insurers have reached a point where they must embrace change or face possible irrelevance in the market, claims AM Best in a new report. 14 July 2016
Insurance
Slice Labs, an insurtech start-up, has partnered with Munich Re in the follow up to the release of its on-demand insurance platform. 13 July 2016
Insurance
AM Best warns that prospects of Africa’s insurance market could be threatened by low commodity prices and political uncertainty. 12 July 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed David Ong as senior underwriter of marine hull and energy for the Middle East and North Africa (MENA), and Lee Zi Yih as marine underwriter for Asia, as part of the expansion of its marine offering. 11 July 2016
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