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Ratings agencies warn reinsurers on potential downgrades in 2017
Insurance
Ratings agencies see the operating environment for reinsurers deteriorating in 2017 which could lead to negative ratings actions particularly for smaller players.   15 December 2016
Reinsurers face a tough year in 2017
Insurance
Pressure on the reinsurance business has been significant in 2016 due to a low interest rate environment and a soft market, but 2017 is likely to be even tougher and could lead to negative ratings actions, according to major rating agencies.   14 December 2016
Insurance
Delta Lloyd executive board member Ingrid de Graaf is leaving the company in the spring of 2017.   14 December 2016
Insurance
XL Catlin has appointed Joseph Laws and Michael McGowan as directors of M&A (mergers & acquisitions) Insurance in North America to capitalise on growing activity in 2017.   14 December 2016
Insurance
Guy Carpenter has formed a global strategic advisory organisation, appointing Rob Bentley as its president and Vicky Carter as vice chairman.   14 December 2016
Insurance
Insurance software provider Sapiens International has expanded its footprint in the Nordic region by establishing a new head office in Copenhagen, Denmark and hiring a regional director.   14 December 2016
Insurance
RenaissanceRe’s senior vice president, chief investment officer and treasurer, Todd Fonner is stepping down as of end of March 2017; the company is now assigning his responsibilities to two of its senior executives.   14 December 2016
Insurance
Marsh has reached an agreement to acquire AD Corretora de Seguros, an insurance broker in the state of São Paulo.   14 December 2016
Insurance
Bermuda-based specialty insurer Axis Capital has appointed Conrad Brooks as general counsel, succeeding Richard Gieryn Jr, who is retiring following 14 years at the company.   14 December 2016
Insurance
Italian insurer Generali has promoted Marco Sesana to the position of country manager for Italy and appointed Timothy Ryan as its group chief investment officer (CIO).   13 December 2016

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