News
Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance would have been no surprise for many in the industry who have been forecasting that the many competitive pressures in the industry could trigger more mergers & acquisitions for some time. 15 April 2014
Insurance
US insurer Travelers enjoyed solid results in the second quarter of 2014 although its net and operating profits were hit by high catastrophe losses. Its chief executive also stated that it will be actively seeking rate increases on some lines. 23 July 2014
Insurance
Eighteen months since it walked away from a bidding war for PartnerRe, Axis Capital has completed a new deal with Novae. Albert Benchimol, chief executive of Axis Capital, explains to Intelligent Insurer why the company has never diverted from plan A, his view on third party capital and why he will sometimes send a client a cheque before a claim has been made. 20 October 2017
News
A report by rating agency Fitch found that several reinsurers will be significantly exposed to catastrophe events in 2012, after becoming financially weakened by events in 2011. 27 May 2012
Insurance
The use of transactional insurance, a type of policy tailored to cover the risks surrounding commercial business transactions such as mergers, acquisitions and private equity investments, could rise by as much as 25 per cent in 2013. 20 February 2013
Alternative Risk Transfer
As life expectancies around the globe continue to rise, pension funds are seeking to further de-risk their books. This creates opportunities for reinsurers looking to diversify. Intelligent Insurer investigates. 1 June 2012
Insurance
Governments must get better at preparing for and managing natural catastrophe risks if they are to reduce risk. That is the opinion of Nikolaus von Bomhard, CEO of Munich Re and former chairman of the Geneva Association – an economic think tank, which held a press briefing in London to coincide with its 40thanniversary. 12 June 2013
Alternative Risk Transfer
The second quarter of 2014 demonstrated strong interest in the market, with catastrophe bond issuance reaching $4.5 billion. As the second half of the year promises to be equally active, Paul Schultz, CEO at Aon Benfield Securities talks to Intelligent ILS about the market’s evolution and how this will impact renewal discussions. 19 August 2014
News
The reinsurance sector saw significant rate reductions at the mid-year renewals as excess capital continues to chase muted demand, according to Willis Re. 2 July 2014
Insurance
Broker Willis has appointed John Greene, formerly of HSBC, as group chief financial officer. He will succeed Michael Neborak, who was appointed in 2010. 26 March 2014
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