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Insurance
Delta Insurance Singapore, a cyber, technology and financial lines Lloyd’s coverholder in Singapore, has launched an online financial lines insurance platform. 23 November 2017
Insurance
Fitch Ratings has upgraded life insurer AIA Group Limited's Long-Term Issuer Default Rating (IDR) to 'AA-' from 'A+' and affirmed the Insurer Financial Strength Ratings of AIA Company Limited and AIA International Limited at 'AA'. 23 November 2017
Insurance
Tightening solvency requirements are likely to drive consolidation in the Saudi Arabian insurance market in the next few years as weaker companies merge with stronger rivals, according to a Fitch Ratings report. 20 November 2017
Insurance
Hurricanes Harvey, Irma and Maria (HIM), along with earthquakes in Mexico and California wildfires could result in 2017 being a record year for insured cat losses, according to Fitch Ratings' 'European Reinsurance Dashboard - 3Q17 Results'. 16 November 2017
Insurance
The Allstate Corporation has estimated pre-tax catastrophe losses of $516 million for October 2017, 90 percent of the losses relating to the five recent wildfires in the state of California. 16 November 2017
Insurance
The Federal Emergency Management Agency (FEMA) has contracted actuarial consulting firm Milliman to redesign flood insurance products across the National Flood Insurance Program (NFIP). 16 November 2017
Insurance
Loss adjusting business Charles Taylor Adjusting (CTA) has established a new office in Leeds specialising in professional indemnity. 16 November 2017
Insurance
Re/insurer XL Catlin has appointed Farzina Coladon as lead fine art and specie (FAS) underwriter in Canada. 16 November 2017
Insurance
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent. 16 November 2017
Insurance
China's decision to ease restrictions on foreign ownership of financial institutions will likely pave the way for foreign insurers, fund managers and securities to invest in or compete with China's firms. 16 November 2017
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