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Insurance
The increasingly bitter battle between Endurance Specialty and Aspen Insurance has taken a new turn with Endurance formally writing to Aspen’s shareholders asking them to vote in favour of a special general meeting that would pave the way for Endurance to buy the company. 30 June 2014
Insurance
Allianz Global Corporate & Specialty (AGCS) has expanded its environmental impairment liability (EIL) team with senior hires in the North American and Mediterranean regions. 8 September 2016
Insurance
Fairfax Financial Holdings is to acquire QBE's insurance operations in the Czech Republic, Hungary and Slovakia. 16 December 2014
Insurance
WR Berkley Corporation has announced the formation of Berkley Insurance Asia. 12 May 2016
Insurance
Munich Re incurred a net loss of €1.4 billion in the third quarter of 2017 due to the impact of natural catastrophes in North America but expects “significant” market recovery. 9 November 2017
Insurance
Zurich Insurance Group posted a steady set of results for the first nine months of the year but said that it anticipated improvements in pricing now on the back of the recent heavy cat losses in North America. 9 November 2017
Insurance
The insurance industry opposes ideas put forward in a European Commission consultation to either transfer some conduct of business powers from the European Insurance and Occupational Pensions Authority (EIOPA) to the European Securities and Markets Authority and/or to merge EIOPA with the European Banking Authority. 17 May 2017
Insurance
AmTrust Financial Services has posted a prior year adverse reserve development of $326.9 million on a pre-tax basis for the third quarter ended September 30, 2017. 7 November 2017
Alternative Risk Transfer
Germany’s Hannover Re said on July 12 that it completed three transactions as part of its insurance-linked securities (ILS) activities. 12 July 2017
Insurance
The impact of the low interest rate environment has yet to test the robustness of both life and non-life re/insurers as the effect slowly trickles down on companies’ balance sheets, increasingly impacting results, according to Moody’s. 28 April 2017
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