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Insurance
AM Best affirms financial strength of Gulf Re
AM Best has affirmed the financial strength rating (FSR) of A- (Excellent) of Gulf Reinsurance (Gulf Re), with a stable outlook for this rating.   27 June 2016
Insurance
Financial volatility could hit insurers’ half-year results, warns AM Best
The volatility triggered in the financial markets since the revelation that the UK will leave the EU could have a material impact on insurers’ half-year results and balance sheets, rating agency AM Best has claimed.   24 June 2016
Insurance
UK financial services at competitive disadvantage but insurers less vulnerable: S&P
S&P Global Ratings has reiterated its view that the UK leaving the EU will deter investment in the economy, decrease official demand for sterling reserves, and put the UK's financial services sector at a competitive disadvantage compared with other global financial centers.   24 June 2016
Insurance
Exit will mean prolonged period of uncertainty: Moody’s
Rating agencies have begun to react to the news that the UK will exit the European Union (EU) – and their take on the move is not a positive one.   24 June 2016
Insurance
Nassau Re completes Phoenix acquisition
Nassau Reinsurance Group has completed its acquisition of Phoenix, which now serves as its US life and annuity platform.   22 June 2016
Insurance
Neon opens Bermuda office; former Ariel Re exec to head
Specialist Lloyd’s insurer Neon has opened an office in Bermuda as it grows its international footprint.   21 June 2016
Insurance
IAIS commitment to transparency may help insurers avoid G-SII list: Fitch
The International Association of Insurance Supervisors’ (IAIS) commitment to a more transparent approach may help insurers avoid making the list of global systematically important insurers (G-SIIs).   21 June 2016
Insurance
Fitch revises Amlin’s outlook to negative
Rating agency Fitch has revised the outlooks of Amlin AG and Amlin Insurance SE, operating companies of insurer MS Amlin, to negative from stable.   17 June 2016
Insurance
UK law change could lead to more competition: Fitch
Rating agency Fitch has warned insurers that new UK legislation may lead to more intense price competition and slimmer margins for the commercial insurance sector.   15 June 2016
Insurance
AM Best upgrades FSA of Africa Re
AM Best has upgraded the financial strength rating (FSA) to A (Excellent) from A- (Excellent) of African Reinsurance Corporation (Africa Re), a reinsurance company based in Nigeria. The outlook for this rating has been revised from stable to positive.   13 June 2016

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