News
Insurance
Against a backdrop of a deteriorating rating environment, overcapacity and downturn in the industry, the energy insurance market continue to face its lowest rating environment in several decades, according to the latest quarterly Energy report from Lloyd & Partners. 6 April 2017
Insurance
Re/insurer Aspen Insurance Holdings has announced that Richard Bucknall and Peter O’Flinn will not stand for re-election to the company’s board of directors when their current terms expire at the next Annual General Meeting scheduled to take place on April 21, 2016. 8 February 2016
Insurance
The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018. 12 March 2018
Alternative Risk Transfer
Bermuda-based mortgage insurance provider Essent Group has closed a $424.4 million reinsurance transaction and related mortgage insurance-linked notes offering. 26 March 2018
Insurance
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence. 31 August 2018
Insurance
Severe thunderstorms leading to flash floods and hail across the eastern two-thirds of the US in June led to $4 billion economic losses and $3 billion of claims for insurers, according to Aon’s Global Catastrophe Recap report. 11 July 2018
Insurance
Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based cyber risk analytics and modelling firm Cyence in order to improve its cyber risk analysis and capabilities. 27 September 2017
Insurance
Today, despite the fact the re/insurance industry’s customers face new and increasing threats to their businesses, insurance buying isn’t keeping pace, John Neal, CEO of Lloyd’s told delegates at the Singapore International Reinsurance Conference yesterday. 30 October 2019
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has bought the remaining 51 percent share in WNC Holdings that it does not already own. 9 July 2018
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers. 16 September 2019
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