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Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million. 25 October 2018
Insurance
Analysts expect the coronavirus-led downturn to weigh on profitability of Japan's top three P&C insurers Mitsui Sumitomo, Sompo and Tokio Marine. 2 June 2020
News
Fitch Ratings has downgraded PartnerRe’s insurer financial strength (IFS) rating to A+ from AA-. 21 March 2016
Alternative Risk Transfer
AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” to Bermuda-based Vermeer Reinsurance, a property catastrophe reinsurer that has recently been launched by RenaissanceRe and Dutch pension fund manager PGGM. 20 December 2018
Insurance
Rating agency AM Best has withdrawn its ratings of Lloyd’s Syndicate 1225, which is managed by AEGIS Managing Agency, at the firm's request. 4 June 2018
Insurance
Pricing is the biggest threat to reinsurers’ profitability as combined ratios suggest that the industry is getting close to reporting underwriting losses, according to Fitch Ratings. 27 January 2017
Insurance
In association with Swiss Re, Baden-Baden Today has been conducting a survey of conference delegates, the responses to which will be published daily. 19 October 2015
Alternative Risk Transfer
American International Group (AIG) is returning to the capital markets to use insurance-linked securities (ILS) as a source of reinsurance protection with an unusual deal that will provide just six months of coverage to the insurer. 15 May 2015
Insurance
‘Some may take advantage of current ultra-low interest rates to increase borrowing.’ 5 December 2019
Insurance
AXA has overtaken AIG in the United States directors and officers (D&O) liability market, a sector that has seen double-digit rate increases in the past year. 27 September 2019
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