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Insurance
Ratings agency AM Best has announced that Manuel Agustin Calderón de las Heras has resigned from his position as managing director to "pursue other opportunities". 18 August 2017
Insurance
Interest in terrorism coverage has roughly doubled over the past year based on sales data, travel insurance comparison platform Squaremouth said Aug. 17. 18 August 2017
Alternative Risk Transfer
Hong Kong is losing insurance business to Singapore, but the local authorities are implementing an action plan to strengthen its position as Asia’s insurance hub. 17 August 2017
Insurance
Asia offers great growth opportunities for insurers but Hong Kong as a re/insurance hub has been losing market share lately to other jurisdictions, particularly to Singapore. The former British colony will no longer be complacent and is implementing an action plan. 17 August 2017
Insurance
Global reinsurers' earning volatility will intensify if annual natural catastrophe claims keep moving toward levels that are closer to the long-term average, S&P Global Ratings said on Aug. 14. 15 August 2017
News
The market for managing general agents (MGAs) is sprawling with new concepts, ideas, and projects. 14 August 2017
Insurance
The scrutiny that some types of captives – in particular 831(b)s – face from the IRS is unlikely to go away, and advisors must get smarter about how they educate clients, according to Anne Marie Towle, captive consulting practice leader at JLT Insurance Management. 11 August 2017
Insurance
Zurich’s life business has enabled Zurich to post a stable operating profit in the first half of 2017, offsetting the impact caused by the UK’s personal injury Ogden rate change. 10 August 2017
News
Hannover Re posted a remarkably bullish set of results in the first half of 2017 enjoying growth in profits and gross written premiums despite an “intensely competitive” property/casualty market and its performance in life and health reinsurance “not entirely satisfactory”. 10 August 2017
News
Pricing on many lines of business continued to soften in the June 1 and July 1 renewals on the back of intense competition though price increases were recorded on treaties hit by losses, especially in Australia and New Zealand, according to Hannover Re, commenting in relation to its first half results. 10 August 2017
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