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Insurance
The expected renewal of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is likely to lead to the imposition of higher deductibles and risk retentions on US P&C insurers, according to Moody’s. 12 June 2014
Insurance
The board of directors of Assicurazioni Generali has resolved to exercise the demerger option from Telco. 12 June 2014
Insurance
Sergio Balbinot has extended his mandate as president of Insurance Europe for another year, at the unanimous request of members. 12 June 2014
News
Hannover Re has assumed £1.6 billion (€2 billion) of pension liabilities in cooperation with UK-based Pension Insurance Corporation. 11 June 2014
Insurance
Ratings advisory firm Litmus Analysis has launched a new venture aimed at providing quality market research and analysis and hired a former S&P executive to help run it. 10 June 2014
Insurance
Swiss insurer Nationale Suisse has purchased a property insurance portfolio from Spanish insurer Asefa as it seeks to strengthen its market position in Spain. 10 June 2014
Insurance
Acromas, the parent company of motor services company the AA, has received binding commitments of over £930 million from cornerstone investors ahead of its planned initial public offering (IPO) later this month. 9 June 2014
Insurance
Specialist insurer Hiscox has made two additional hires to its London market management liability team. 6 June 2014
Insurance
Re/insurer Catlin Group has established Catlin Middle East in the Dubai International Financial Centre (DIFC). 6 June 2014
Insurance
Composite rates for both personal and commercial US property and casualty insurance rose by 3 percent in May, according to a report released Thursday by MarketScout, placing both lines between the ‘flat’ to ‘adjusting upward’ categories on MarketScout's barometer. 6 June 2014
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