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The Financial Conduct Authority (FCA) has fined five individuals and two firms a total of £15.5 million, in addition to banning four of those individuals, for significant integrity and competence failings. 3 February 2016
Alternative Risk Transfer
With the right investment strategies alternative capital can have a significant positive impact on most investors’ overall portfolios, as Paul Schultz, CEO of Aon Benfield Securities, explains. 24 March 2016
News
A new fund is seeking to attract financing from insurers to invest in the insurtech sector, aiming to offer an alternative solution to insurers as they leverage new technologies that are transforming the sector. 11 April 2018
Insurance
ACE has made two appointments within its global accounts segment as it continues to invest in servicing larger UK-based companies with turnovers of over £500 million. 25 March 2015
Insurance
Further declines in profitability and earnings driven by competitive market conditions has prompted rating agency Fitch to revise its sector outlook for the US property/casualty insurance sector to negative from stable. 1 December 2016
News
Researchers quizzed cedants on which reinsurers they like to work with on specific lines of business. The following tables show the reinsurers named the most often in Latin America by line of business. 27 October 2015
Insurance
After years of major investment in infrastructure projects, Latin America has experienced a huge decline in 2015 as a result of falling metal and oil prices. This had an impact on terms and conditions in the re/insurance industry. 26 October 2015
Alternative Risk Transfer
The prevalence of alternative capital meant the industry’s response to the 2017 losses was very different from the past, with the new capital that entered the industry behaving in a way that was transactional and short-term—and almost desperate in some instances. 28 October 2018
Insurance
Commercial insurance rates will further soften while industry consolidation will present challenges to insurance buyers in 2016, predicts Willis in its 2016 Marketplace Realities report. 26 October 2015
Insurance
Merger and acquisition (M&A) activity, alternative capital to the re/insurance market and the continued low frequency of windstorm catastrophe losses in the US are all on the radar for this year’s PCI meeting. 26 October 2015
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