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Insurance
Global credit ratings agency AM Best has affirmed the Financial Strength Rating of ‘A-’ (Excellent) and the Long-Term Issuer Credit Rating of ‘A-’ of Singapore Reinsurance (Singapore Re). The outlook of these credit ratings is stable.   29 October 2019
Allianz Re seeks profitable, sustainable growth
Insurance
A combination of markets enjoying rapid economic growth, a vibrant agricultural sector and the introduction of risk-based capital regulations mean opportunities in Asia-Pacific for the right clients, Kenrick Law of Allianz Re told SIRC Today.   29 October 2019
Impact of climate change on re/insurance debated at 16th SIRC
Insurance
The words of climate activist Greta Thunberg were quoted at the start of the 16th Singapore International Reinsurance Conference (SIRC) yesterday by Sivam Subramaniam, chair of the 16th SIRC organising committee.   29 October 2019
Insurance
PartnerRe is placing a significant focus on achieving technically sustainable pricing with long-term client partners as a “business as usual” approach will not be sufficient to achieve profitable growth and adequate returns in today’s challenging environment.   29 October 2019
Insurance
Specialist insurer Beazley has appointed Matthew Westhoff as head of US large commercial property based in New York.   29 October 2019
Insurance
California wildfires have hit the headlines, but the problem so far in 2019 is less than in previous years, and the bigger insurance companies operating in California should have adequate resources to cope, according to ratings agency AM Best.   29 October 2019
Insurance
Marsh & McLellan’s third-quarter revenue topped $2.2 billion at its risk & insurance division, with strong growth at Guy Carpenter among the highlights.   29 October 2019
Insurance
Ascot has appointed Patrick Kenahan as head of excess casualty in Bermuda; and Jason Pugi, Kimberley Pursell and Michael Watkins, as senior vice presidents.   29 October 2019
Insurance
Chicago-based CNA Financial Corporation reported a sharp fall in net income, but saw its combined ratio remain well under 100%.   29 October 2019
Insurance
Qatar Insurance Group (QIC), an insurer in Qatar and the Middle East North African (MENA) region, reported an increase in net profit for the nine months to September, but its combined ratio remained above 100 percent.   29 October 2019

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