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Alternative Risk Transfer
Increased competition fuelled by third-party capital is causing premiums to decline, threatening reinsurers’ competitive positions. One consequence of this could be that some players struggle to maintain their financial strength ratings. 15 August 2014
Insurance
The Talanx Group has said it remains on track to meet its 2014 target of a net profit of €700 million after posting its results for the first half of the year. 15 August 2014
Insurance
Generali has hired the former head of general insurance at Zurich in Brazil to run its own Brazilian insurance subsidiary. 15 August 2014
Insurance
The Association of British Insurers (ABI) has said it is disappointed by the resignation of Legal & General (L&G) from the trade association. 14 August 2014
Insurance
Liberty Mutual has enhanced its equipment breakdown operation by adding senior underwriting and technical engineering resources as it opens a San Francisco office. 13 August 2014
Insurance
The majority of general insurers should consider outsourcing their actuarial function as they prepare for Solvency II, according to OAC Actuaries and Consultants. 13 August 2014
Insurance
UK based Henderson Insurance Brokers has acquired Corporate Risk Systems (CRS). 12 August 2014
Insurance
Arthur J. Gallagher has acquired managing general agent and wholesale insurance broker Cowles & Connell based in Brewster, New York and Meriden, Connecticut. 12 August 2014
Insurance
Swiss insurer National Suisse has recommended its shareholders accept a takeover offer by Swiss insurer Helvetia. 12 August 2014
Insurance
Gen Re, a Berkshire Hathaway company, has become a reinsurance partner to Gable Insurance AG, a wholly-owned subsidiary of Gable, a European non-life insurance company. 11 August 2014
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