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Genworth Financial, the US financial services company with substantial insurance operations, has become the latest insurer to be acquired by investors from Asia. It has been acquired by China Oceanwide for approximately $2.7 billion. 25 October 2016
article
AM Best is about to change its methodology, yet most brokers and reinsurers seem to be ignoring what is either a potential opportunity or an impending crisis, as Peter Hughes, founding director at Litmus Analysis, explains. 25 October 2016
Insurance
Aon Risk Solutions, the global risk management business of Aon , has appointed James Trainor as senior vice president of its cyber solutions group. 25 October 2016
Insurance
Lloyd’s insurer ArgoGlobal has appointed Zahida Rasool as specialty wordings manager. 25 October 2016
Insurance
Alternative capital grew again last year but at a slower pace. Paul Schultz, chief executive of Aon Securities, suggests to Baden-Baden Today this growth will continue but innovation will also be needed in the long term. 24 October 2016
Insurance
In the annual Intelligent Insurer roundtable in Baden-Baden in association with S&P Global Ratings, senior executives from reinsurers, brokers and buyers debated how the buying landscape is changing in Europe and what the definition of innovation in reinsurance should be. 24 October 2016
Insurance
A rating remains a critical component for any startup looking to write non-collateralised reinsurance business. While all the rating agencies will rate startups, their differing criteria can make a big difference to what rating can ultimately be secured, says Stuart Shipperlee, head of analytics at Litmus Analysis. 24 October 2016
Insurance
At such a challenging time for the market, buyers are increasingly seeking new and alternative solutions, meaning that smaller, innovative brokers can thrive, as Mark Waterkeyn and Mark Finch from Lockton Re tell Baden-Baden Today. 24 October 2016
Insurance
As re/insurers head into negotiations in Baden-Baden this year, thanks to the growth of alternative risk structures, more than ever they will also be debating the best way of managing and structuring collateral requirements needed on certain types of deals. 24 October 2016
Insurance
Harrington Re, the new reinsurance venture by AXIS and alternative asset manager Blackstone, which raised $600 million in July this year, has been warmly received by potential clients so far as it moves into its first renewals, Jay Nichols, the chief executive of AXIS Re, told PCI Today. 24 October 2016
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