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Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey. 13 February 2017
Insurance
Markel Corporation’s net profits fell in the first quarter of 2016 and its combined ratio also increased driven, it said, by less favourable development of prior years’ loss reserves and a higher expense ratio. 4 May 2016
News
Leading reinsurer Swiss Re has sought shareholder approval for a ten percent increase in ordinary divided, following newly enforced Swiss regulation. 18 March 2014
Insurance
Insurer QBE has appointed Malc Simpkin, formerly of Aviva, as chief information officer (CIO).He will report to Joe Gordon, chief operations officer. 6 May 2014
Insurance
The Irish insurance market is less prone to major natural catastrophe events than other property/casualty (P/C) insurance markets, according to a new report by S&P. 15 January 2016
Insurance
A string of recent natural catastrophe events in Australia is expected to materially affect non-life insurers’ upcoming earnings for the fiscal year that ends June 30, 2015, according to AM Best. 12 May 2015
Insurance
It is targeting a top 10 reinsurance spot on a global basis but GIC Re understands that, especially in continental Europe, reinsurance is a long-term relationship-driven game. Lucky then that the Indian company is itself a long-haul player and will be patiently awaiting any opportunities, says Alice Vaidyan, chairman-cum-managing director of GIC Re. 23 October 2016
Insurance
European policymakers can create a more financially resilient society by enabling a greater amount of people to access insurance cover, according to a publication released by Insurance Europe, the European insurance and reinsurance federation. 9 March 2015
Insurance
It is targeting a top 10 reinsurance spot on a global basis, and to achieve this GIC Re must overcome a complex regulatory environment and shrinking panels to crack the North American reinsurance market. Yet the company is determined, says Alice Vaidyan, chairman-cum-managing director of GIC Re. 23 October 2016
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