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Swiss Re CEO Christian Mumenthaler hinted at the benefits of a potential deal that would see Japan’s SoftBank acquiring a stake in the reinsurer during the full-year 2017 results presentation. 26 February 2018
Insurance
The levels of severe weather that has hit the US Midwest so far this year are more than double their respective 2005-2015 averages, according to the records of the National Oceanic and Atmospheric Administration’s (NOAA) Storm Prediction Center. 9 March 2017
News
Munich Re has revealed it plans to buy back up to €1 billion of its own shares by April 2018, as it struggles to find profitable opportunities in what its chairman, who steps down in April this year, said will remain a challenging environment. 15 March 2017
Insurance
Tropical cyclones in September have cost the global economy over $4 billion dollars, according to Impact Forecasting’s Global Catastrophe Recap report. 7 October 2016
Insurance
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics. 5 October 2017
Insurance
Lloyd’s is set to open an office in Mexico City following approval from the Mexican authorities. 26 November 2014
Insurance
Bermuda-based reinsurance provider Till Capital has strengthened its board with the appointment of Roger Loeb as director. 20 August 2015
Insurance
The Covered Agreement between the EU and the US makes these markets more attractive for reinsurers from the opposite side of the Atlantic, increasing competition and therefore adding pressure on pricing and conditions. 20 January 2017
Insurance
Aspen Insurance has again written to its shareholders beseeching them to reject moves by Endurance to force a special general meeting that would pave the way for Endurance to buy the company. 22 July 2014
Insurance
ACE posted solid results in the second quarter of 2014 but while its overall net premiums written increased, the reinsurance part of its business shrank slightly, compared with the same period a year earlier. 23 July 2014
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