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Insurance
Gloucester-based insurer Ecclesiastical has reported a pretax loss of £7.7 million, with the result severely impacted by catastrophe events in Australasia. 21 March 2012
Insurance
Ace Group has strengthened its casualty insurance business across Continental Europe with the appointments of Jerome Salmon and Connie Germano. 9 August 2013
Insurance
Rating agencies pay close attention to reinsurers’ competitive positions and determine this, in part, by examining a company’s ability to lead business. Peter Hughes, director at Litmus Analysis, examines the implications of this logic. 13 September 2015
Insurance
The deadline for Solvency II implementation is likely to be pushed back once again, given the time frame that has been allocated for the long-term guarantees assessment impact study, according to accountants familiar with the process. 4 February 2013
News
Some $1.6 billion of new issuance catastrophe bond transactions – made up of five bonds – took place in the first quarter, according to Willis Capital Markets & Advisory (WCMA), part of re/insurance broker Willis Group Holdings. 20 May 2013
News
Arch Re’s recent $77.4 million cover for Freddie Mac – the Federal Home Loan Mortgage Corporation in the US – could encourage more US risks to enter the private sector. That is the opinion of Franklin Nutter, president of the Reinsurance Association of America (RAA). 27 November 2013
Insurance
The Lloyd’s Three-Year Plan 2012–2014 is designed to make the market more efficient and streamlined, and will also mean many opportunities for software providers, says Francis Fortunato. 1 March 2012
Insurance
Despite predictions of a rough hurricane season ahead for US insurers, the sector looks well prepared for such an eventuality according to A.M. Best, which notes that the industry’s collective balance sheet is hitting record levels even after Superstorm Sandy. 5 June 2013
News
As the US economy continues to show signs of a durable recovery and the EU and US negotiate a new Transatlantic Trade and Investment Partnership, experts have warned risk managers in EU-based international companies to beware of flaws in many multinational insurance programmes that could increasingly come to the fore as trade picks up. 5 June 2013
Reinsurance
Analytical firm Litmus Analysis examines the ratings of the wide range of reinsurance carriers in North America using a unique methodology to establish their average ratings. Here, Stuart Shipperlee, partner at Litmus, describes some of the chart’s findings. 27 November 2014
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