News
News
More cedants are using reinsurance to reduce their earnings volatility as they attempt to make their businesses more attractive to investors in a low-yield environment, Jean-Paul Conoscente, chief executive of P&C reinsurance business globally at SCOR, told Baden-Baden Today. 22 October 2018
Alternative Risk Transfer
The benign natural catastrophe environment has been just one factor driving difficulties for the re/insurance industry. These pressures were among the topics discussed by senior executives at a roundtable held in Hamilton, Bermuda, hosted by Xuber, a CSC company. 22 September 2016
Insurance
Zurich Insurance Group has appointed Mike Davies as global head of marine underwriting within the company’s general insurance business. He will succeed Lee Meyrick who left Zurich in April, 2013. 26 June 2013
Insurance
A low interest rate environment in China continues to place pressure on the profitability of the country’s life insurers, which rely on interest spreads for profits, according to a Fitch Ratings report. 9 December 2016
News
HSBC, and its 62 percent owned subsidiary Hang Seng Bank, have agreed to sell their general insurance businesses in Hong Kong, Singapore, Argentina and Mexico. 9 March 2012
Insurance
Tokio Marine Kiln (TMK), provider of specialist and corporate insurance, has appointed Andrew Brand and Dervla Lynchehaun as liability underwriters in its London office. 15 December 2015
Insurance
As the current low yield environment is expected to persist, insurers have been seeking ways to generate higher yields, and sub-investment grade bonds may fit the bill, says Simon Richards. 8 September 2013
Insurance
While overall conditions for reinsurance buyers are fairly good due to soft pricing driven by overcapacity in the market, primary insurers in Germany may face difficulties to strike a reinsurance deal for industrial fire insurance in the upcoming renewals season. 8 November 2016
Insurance
The Insurance Information Institute (III) has published ramifications for the insurance industry of the spread of the Ebola virus which, at the time of writing, has infected at least 8,399 people and killed 4,035, according to the World Health Organization. 28 October 2014
Insurance
Specialist Lloyd's insurer Neon has expanded its underwriting management team with the appointment of Annabel Fell-Clark and the promotion of Andrew Dougall. 27 June 2017
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