News

Insurance

Turkish insurers face high reserving risk: Fitch

There is a significant risk that some Turkish non-life insurers with high exposure to motor insurance have not set aside enough reserves to fully cover future claims, according to Fitch Ratings.   23 May 2016

Insurance

Brexit fears for Gibraltar insurance industry

The upcoming vote on whether the UK should leave the EU is causing waves in places as far away as Gibraltar. Intelligent Insurer investigates.   19 May 2016

Insurance

Fort McMurray Canada’s costliest natural disaster: AIR

The Fort McMurray wildfire is the costliest natural disaster in Canada’s history, according to estimated industry losses released by catastrophe modelling firm AIR Worldwide.   17 May 2016

News

AM Best removes ‘under review’ rating of PartnerRe

AM Best has removed from under review with negative implications and affirmed the financial strength rating (FSR) of A (Excellent) PartnerRe and its affiliates.   16 May 2016

Insurance

Chaucer poaches XL Catlin exec for political risk team

Chaucer, a specialist Lloyd’s insurance group, has appointed Jonathan Bint as political risk underwriter & analyst.   13 May 2016

Insurance

Global multiline insurers better equipped for challenges: S&P

Standard & Poors (S&P) has said it believes the group of insurers best positioned to withstand the industry's top challenges are global, diversified players, according to a new report it has released.   13 May 2016

News

Markel CATCo hires AIR exec for actuarial role

Markel CATCo, the reinsurance and retrocession linked investment and fund manager, has strengthened its actuarial capability with the senior appointment of specialist actuary Alissa Fredricks.   13 May 2016

News

European reinsurers well placed in new Solvency II world

The major reinsurers of Europe have strong levels of solvency – or coverage – in terms of their capital adequacy under Solvency II, according to Fitch Ratings.   12 May 2016

Insurance

Insurers are still grappling with Solvency II, warns Fitch

Almost six months after the introduction of Solvency II, the insurance market is still coming to terms with the changes that Solvency II has – and will – bring in, according to Fitch Ratings.   12 May 2016

Insurance

UK P&I Club maintains stable capital position

The UK P&I Club (The Club), a provider shipping protection and indemnity insurance, has reported that its capital position maintained stable for 2015, despite difficult investment markets.   12 May 2016

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