News
Insurance
Private equity firm Yunfeng Financial Group is the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit. 21 August 2017
Insurance
While China and India promise great growth potential, profitable business for reinsurers is hard to come by—the key is to offer cedants added value and additional services, Jean-Paul Conoscente, CEO of SCOR’s P&C reinsurance business unit globally, told SIRC Today. 29 October 2018
Insurance
American International Group is to sell its interest in Ascot Underwriting Holdings and related syndicate-funding subsidiary Ascot Corporate Name to the Canada Pension Plan Investment Board (CPPIB), which invests the assets of the Canada Pension Plan. 19 September 2016
Alternative Risk Transfer
The ILS markets will evolve as a result of lessons learned in the past 12 months, gaining sophistication and depth in the process, says Jeff Mohrenweiser of Fitch Ratings. 28 October 2018
Insurance
Bermuda-based Everest Re has reported that it made a profit of $245.7 million for the second quarter of 2017, a marked improvement on the $155.7 million it made in the same period of 2016. 25 July 2017
Insurance
The International Association of Insurance Supervisors’ (IAIS) commitment to a more transparent approach may help insurers avoid making the list of global systematically important insurers (G-SIIs). 21 June 2016
Insurance
Cyber risk has topped the list of concerns for reinsurers for the first time, reflecting the anxieties around underwriting a risk that’s constantly changing and the rising threat to reinsurers themselves, according to a new report by PwC. 10 September 2017
Insurance
The European Parliament has voted to object to the regulatory technical standards (RTS) for the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation. 15 September 2016
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
Insurance
A soft market squeezing profitability in the insurance and reinsurance market is the biggest concern for executives, according to an online survey conducted among Intelligent Insurer readers. 28 December 2016
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