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AmTrust Financial to delist its preference shares citing costs
Insurance
The board of directors of AmTrust Financial Services has approved the voluntary delisting of all six series of preferred stock and two series of subordinated notes from the New York Stock Exchange.   21 January 2019
Germany-China agree to bolster ties on re/insurance links
Insurance
Germany has signed an agreement with China designed to boost the level of understanding and cooperation between the two countries with regards to re/insurance though the agreements also covers many other aspects of banking and finance.   21 January 2019
Carriers more willing to ‘walk away’ if profits inadequate
Insurance
After almost two decades of favourable buying conditions, 2017 and 2018 saw a change in the market dynamic whereby rates are increasing, and carriers are now willing to walk away from deals that do not deliver on acceptable levels of profitability, the chief executive of Australia-based broker Honan Insurance Group has claimed.   21 January 2019
Insurance
Re/insurer AXA XL has completed the transfer of its European Union insurance company, XL Insurance Company (XLICSE), from the UK to Dublin, Ireland in response to Brexit uncertainty.   21 January 2019
Insurance
Property/casualty insurer Chubb has estimated its global net catastrophe losses of approximately $585 million pre-tax, or $505 million after tax, in the fourth quarter of 2018.   21 January 2019
Insurance
The race to reap the rewards of insurtech has prompted a growing number of re/insurers to launch their own venture capital arms—but this comes with potential risks as well as rewards. Intelligent Insurer investigates.   21 January 2019
Insurance
Reinsurance broker Guy Carpenter & Company has unveiled a new global capital solutions group and several key leadership appointments, which will become effective after the closing of the JLT acquisition by its parent Marsh & McLennan Companies (MMC).   17 January 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is expanding into the property construction insurance market in the UK and Ireland.   17 January 2019
Insurance
Washington is following New York in banning the sale of insurance policies branded by the National Rifle Association (NRA) while fining two companies involved in underwriting and selling them in the state.   17 January 2019
Insurance
Liberty Mutual Re, the reinsurance unit of Liberty Mutual Insurance Group, has appointed Vincent Gilardi as senior underwriter for international casualty.   17 January 2019

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