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Reinsurers that have released reserves quickly may find that they have exhausted their ability to support current reported profits from past reserves, according to rating agency Standard & Poor’s (S&P).   24 August 2015
Insurance
The role of global reinsurers must extend beyond their traditional duties when ceding risk for local insurers in African markets. In particular, they must invest in education around insurance in the region.   16 February 2015
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Randall & Quilter Investment Holdings (R&Q) has announced the sanction of the transfer pursuant to Part VII of the Financial Services & Markets Act 2000 of business from Liverpool & London Steamship Protection & Indemnity Association (L&L) to R&Q Insurance (Malta) (RQIM).   23 December 2015
Insurance
Aon Benfield, the global reinsurance intermediary, has appointed Martin Soto Quintus as chief executive officer (CEO) of its Chile operations.   7 June 2016
Insurance
Aviva’s limited reliance on EU passporting of services and a robust balance sheet has prepared it well for the consequences of the United Kingdom’s exit from the European Union (EU), chief executive officer Mark Wilson said during the insurer’s capital markets day.   7 July 2016
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The profits of reinsurer Hannover Re increased in the third quarter of the year despite what the company described as sustained pressure on prices and conditions, especially on the property/casualty side.   4 November 2015
Insurance
Marine insurers attending the annual International Union of Marine Insurance conference in Berlin this September will have no shortage of talking points. The sector is increasingly having to respond to external threats and changes while still grappling with age-old challenges including pirates. Intelligent Insurer reports   14 September 2015
Insurance
Lloyd’s has opened a branch office in Beijing, in a bid to access new business and forge closer links with business partners in China’s capital.   16 March 2015
Insurance
Arthur J Gallagher (AJG), the international broking division of Arthur J Gallagher & Co outside of the US, has said its specialist binding authority and facility division will now trade as Capsicum Delegated Authority.   3 November 2015
Insurance
While cyber demand is on the rise, Swiss Re takes a cautious approach in underwriting and suggests insurers should do the same as the ‘cybergeddon’ is yet to happen.   31 August 2017

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