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Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance could well represent just the start of a period of intense mergers & acquisitions (M&A) activity for the reinsurance industry that some commentators have been forecasting for some time. 15 April 2014
News
Major industry losses borne by the Lloyd’s Market last year accounted for 25.5 percent of its net premium earned, according to a new report by Aon Benfield. 25 June 2012
Insurance
There remains a better than 50 percent chance that Endurance will succeed in acquiring Aspen Insurance, according to analysts at Keefe, Bruyette & Woods (KBW), who made that conclusion after spending two days with senior executives from Endurance. 21 July 2014
Insurance
Swiss Re has revealed how it ‘stopped’ 23 business transactions going ahead last year because they failed to meet certain criteria around sustainability and corporate responsibility. A further 18 deals were temporarily halted until certain criteria could be met. 19 June 2013
Insurance
Despite the fact that a high percentage of senior decision makers in large companies are concerned about the threat of cyber attacks, a high proportion of businesses still fail to buy insurance coverage against this threat. 19 April 2013
Alternative Risk Transfer
Lancashire has announced that it will shortly launch Saltire Re I Limited (“Saltire Re I”), a fully collateralised Bermuda incorporated special purpose insurer (SPI). 6 November 2012
Insurance
Too much of the dialogue around market conditions disproportionally emphasises the challenges facing global and US property-catastrophe business, and ignores the very different dynamics in other market and product lines, Michael Pickel, member of the executive board of E+S Rück, the German-focused subsidiary of Hannover Re, told Baden-Baden Today. 22 October 2014
Insurance
Reinsurers should not underestimate the rapidly increasing sophistication of cedants in today’s market and the increasingly complex risk transfer and capital management solutions they are willing to explore, Denis Kessler, the chairman & chief executive officer of SCOR, told Baden-Baden Today. 22 October 2014
Awards
As part of its annual Middle East Awards, Intelligent Insurer surveyed a wide range of influential experts from
the insurance and reinsurance industry, to determine which companies are the leading lights from the region. 1 June 2011
Insurance
Despite its vital role allowing global economies to work smoothly while providing security, protection and peace of mind to its customers, the insurance industry struggles to gain respect—perhaps it just needs to communicate better, better, says Mike Morrissey. 1 September 2013
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