News
News
After a hectic 2015, Ingrid Carlou, director general and chief executive officer of Patria Re, believes that 2016 will be a year of consolidating the growth the company achieved last year and continuing to build its footprint on the global stage. 19 April 2016
Insurance
The outcome of the Brexit referendum and of two major regulatory investigations are the key remaining uncertainties for UK life insurers in 2016 as the impact of Solvency II and new pension legislation have become clearer, according to a new report from Fitch Ratings. 19 April 2016
Insurance
Rapid growth in the overseas investments being made by Chinese insurers could lead to rising risks in a number of areas, including asset-liability duration and currency mismatches, according to a new report by Fitch Ratings. 18 April 2016
Insurance
Assured Guaranty Corp (AGC), a subsidiary of financial guaranty insurance company Assured Guaranty, has entered into an agreement to acquire CIFG Holding (CIFG), the parent of financial guaranty insurer CIFG Assurance North America (CIFG NA). 14 April 2016
Insurance
2015 was the most lethal year for terrorist violence in Europe in nearly a decade, according to a new report from Aon Risk Solutions, the global risk management business of Aon. 12 April 2016
Insurance
Soft rates and low investment returns are hurting London market insurers but this has been partly mitigated by low levels of claims, according to a new report by Fitch. 12 April 2016
Insurance
Lloyd’s insurer Beazley has partnered with the corporate insurance partner unit of Munich Re to offer protection for the digital assets and IT infrastructure of the world’s largest companies. 11 April 2016
Insurance
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) of Lloyd’s Syndicate 1183 (UK), which is managed by Talbot Underwriting. However, it has also withdrawn the rating in response to the company’s request to no longer participate in AM Best’s interactive rating process. 8 April 2016
Insurance
The profitability of UK non-life insurers was affected by a series of weather events in the fourth quarter of 2015, according to a report by Fitch Ratings. 7 April 2016
Insurance
The global insurance industry was a very active participant in the mergers and acquisitions (M&A) wave of 2015, accounting for nearly $150 billion, according to a new report from Standard & Poor’s (S&P). 5 April 2016
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