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Insurance
A campaign has been launched by Insurance Europe, the re/insurance federation, to encourage people to pledge their support for a worldwide commitment to limit the increase in global warming to 2°C. 7 October 2015
Insurance
Market conditions for UK non-life insurers are challenging as pricing remains weak across most business lines amid fierce competition, according to a new report by ratings agency AM Best. 6 October 2015
News
The Middle East and North Africa (MENA) region has not yet experienced the trend of mergers and acquisition (M&A) activity seen in the wider reinsurance market – but this will change soon, one CEO from the region has claimed. 9 March 2015
Insurance
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
Insurance
Agency captives can offer agents and brokers the opportunity to earn underwriting profits previously retained by the insurance carrier, and align the interests of the agent and carrier regarding risk selection, pricing and loss control. 10 August 2017
Insurance
ACE is set to double its insurance capacity for terrorism, political violence and war risks to €100m in response to evolving threats and increased demand. 10 July 2015
Insurance
The Hanover Insurance Group has announced several organisational changes to drive global growth through its “go-forward” business strategy over the next five years. 24 February 2017
Insurance
The main driver of premium growth in both the life and non-life sectors is expected to come from emerging markets, in particular Asia, according to Swiss Re. 22 November 2016
Insurance
Bermuda-based Everest Re has appointed Michael Mulray as chief underwriting officer of Everest National Insurance Company and US insurance operations. 7 May 2015
Insurance
Sapiens International, a global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, has entered into a definitive agreement for the acquisition of Maximum Processing. 8 June 2016
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