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Insurance
A $9.8 billion reinsurance deal with AIG and the UK’s Ogden discount rate change weighed on Berkshire Hathaway’s first quarter results. 8 May 2017
Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
France-based credit insurance company reported lower net income for the first quarter of 2017 but the combined ratio improved as the company implements actions to protect profitability. 8 May 2017
Insurance
China's insurance regulator has barred Anbang Life Insurance from applying to issue new products for three months, the latest move in an industry-wide crackdown, Reuters reported May 5. 8 May 2017
Insurance
Bermuda-based mortgage insurance provider Essent Group has expanded its business in the first quarter of 2017, helping to lift profits. 8 May 2017
Insurance
Markel CATCo Investment Management has appointed Alissa Fredricks as chief risk officer, and Simon Moore as co-chief underwriting officer alongside Lindsay Watson. 8 May 2017
Awards
The chief executive officer of Lloyd’s Inga Beale has been selected as this year’s recipient of the APIW Insurance Woman of the Year award. 8 May 2017
Insurance
Property/casualty insurer Chubb has enhanced its financial lines covers in the UK and Ireland. 8 May 2017
Insurance
Specialty re/insurer MS Amlin has launched a new mini fleet product for brokers and clients through the Acturis e-trading platform. 8 May 2017
Insurance
AIG’s European operations recorded a loss before taxes in 2016 as several factors impacted the performance while the situation improved in the first quarter of 2017. 4 May 2017
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