News
Insurance
Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, saying it believes that earnings have settled at a “new normal”, with return on capital likely to be more modest but less volatile than before. 10 September 2018
News
Pimco, the US-based asset management subsidiary of insurer Allianz, has launched a new property and casualty insurance-linked securities (ILS) business. 25 January 2019
Insurance
London-based insurtech company Concirrus launched an AI-powered marine insurance analytics platform called Quest. 20 September 2017
Insurance
Allianz said on Sept. 19 that the supervisory board of its German unit named Klaus-Peter Röhler CEO of the German operations, effective Jan. 1, 2018. 20 September 2017
Insurance
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has made a series of appointments in North America, Latin America & Caribbean and Hong Kong. 9 April 2018
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
Recent natural catastrophes are likely to have only limited impact on reinsurers as the bulk of the losses will be borne by primary insurers, according to S&P Global Ratings. 6 September 2018
Insurance
St. Maarten has joined CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), purchasing coverage for tropical cyclones, earthquakes and excess rainfall. 6 September 2018
Insurance
Australia’s largest general insurer and largest personal injury insurer Suncorp will increase the top of its reinsurance programme to A$6.9 billion following an extensive review of the portfolio, the company’s buyer told Monte Carlo Today. 15 September 2015
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