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Banco Sabadell has expanded its joint venture with Zurich so that the multinational once again becomes the bank’s sole partner in the sale of life assurance, general insurance and pension plans in Spain. 21 May 2014
Insurance
Enstar Group, an insurance group based in Bermuda, tripled its earnings in the third quarter of 2016, largely due to the contribution of its non-life run-off segment. 9 November 2016
Insurance
Hyperion Insurance is set to acquire RK Harrison following approval by the companies’ respective boards and shareholders. 3 March 2015
Insurance
Bermuda-based R&Q Investment Holdings, an underwriting management and legacy acquisitions specialist, expects full year 2018 profits to substantially exceed market expectations due to significant legacy acquisitions. 19 September 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
Analysts have expressed optimism about the outlook for American International Group (AIG) after it implemented steps to improve performance and changed management. 31 May 2017
Insurance
The new international accounting standard for insurance contracts from 2021, IFRS 17, could temporarily increase the cost of capital for European insurers, Fitch Ratings said in a Jan. 26 note. 29 January 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its Northern European operation, appointing Ulrich Kremer as senior vice president (SVP) of claims. 18 July 2016
News
Hannover Re parent Talanx has welcomed the decision of the US Federal Reserve to increase its key interest rate calling it a step towards the normalisation of monetary policy conditions for capital markets and suggesting that the European Central Bank (ECB) may follow suit. 15 December 2016
Insurance
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance. 28 February 2018
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