Articles
Insurance
Mutual insurer London Victoria (LV=) recorded an 81 percent fall in operating profit for 2016 due to the UK's personal injury Ogden discount rate change. 13 April 2017
Alternative Risk Transfer
Specialty re/insurer Brit has unveiled a new multi-arrangement insurance special purpose vehicle to write general collateralised reinsurance for multiple cedants via Brit’s distribution network in the London market. 19 November 2018
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
Lloyd's of London specialist insurer Beazley has received authorisation from the Central Bank of Ireland to convert its Dublin-based reinsurance company into an insurance company permitted to transact business throughout the European Union. 13 July 2017
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end. 29 June 2017
Insurance
The frequency and intensity of the most “strong to extreme” storms are expected to increase while projections also reveal that the earth is likely to see an increase in the frequency and intensity of most of the other weather phenomena including severe thunderstorms, wildfires, inland floods and coastal floods. 29 June 2017
Insurance
Insurer Chubb has made four appointments to its underwriting team in Middle East and North Africa (MENA) as it continues to build its insurance capabilities in the region. 3 April 2017
Alternative Risk Transfer
A UK government cross-party committee has approved the Risk Transformation Regulations 2017 and the Risk Transformation (Tax) Regulation 2017, which are aimed at establishing London as a hub for insurance-linked securities. 30 November 2017
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) has signed a sales purchase agreement to buy Markerstudy’s Gibraltar-based insurance companies. 3 January 2018
Insurance
Historic rainfall that hit Japan between June 29 and July 8 has damaged or destroyed nearly 12,000 homes and public structures while washing away portions of roadways and bridges and disrupting industrial production, according to the Aon Cat Alert report. 10 July 2018
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