News

Insurance

Market volatility amid coronavirus outbreak to weigh on re/insurers' profitability, warns Moody's

Moody's also expects weaker investment returns on insurers' investment portfolios.   2 March 2020

Insurance

GIC Re outlook changed to negative by AM Best over profit concerns

GIC is the largest reinsurer in India, with over a 75 percent market share.   2 March 2020

Insurance

L&H reinsurance market has traits of oligopoly, says expert

The life and health reinsurance market has ‘more barriers to entry than P&C’ with just four players dominating 50% of business.   2 March 2020

Insurance

Fidelis enters D&F market, appoints senior underwriter

He joins from AXA XL and will be based in London.   2 March 2020

Insurance

Coronavirus Threatens $122bn of Chinese Trade Exposure in Q1 2020

Businesses and their re/insurers must ensure that their operations become resilient.   2 March 2020

Insurance

Profits at Hiscox plummet after big claims but GWP show solid growth

The retail business is expected to get ‘back on track’ for 2019.   2 March 2020

Insurance

Cyber could impact a re/insurer’s financial strength – AM Best

Re/insurers must outline how they will manage the risk of potential earnings volatility.   2 March 2020

Insurance

RAA praises lauds Leutkemeyer’s amendment on risk transfer

The association welcomes risk transfer to the capital and insurance markets.   2 March 2020

Insurance

Munich Re reveals huge potential Olympics loss from Covid-19

The ongoing spread of Covid-19 was a prominent theme at Munich Re’s balance sheet update in terms of the potential for event interruption and the impact on the life and health sector.   28 February 2020

Insurance

SRL puts Argo's Lloyd’s Syndicate 1200 under review for possible downgrade

SRL expects further material deterioration in syndicate 1200’s reserves and results.   28 February 2020

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