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Insurance
Despite being viewed as an economic powerhouse amongst emerging markets, the Middle East region has recently succumbed to a deterioration in medium-term economic forecasts, according to a new report by AM Best. 24 February 2016
News
Global reinsurance company Scor has posted a huge jump in its 2015 profits, which increased by 25.4 percent last year to €642 million, compared with €512 million in 2014. 24 February 2016
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has launched a new operational power underwriting capability. 24 February 2016
Insurance
The US property/casualty (P/C) industry is expected to produce a third consecutive underwriting profit in 2015, according to a new report by AM Best. 23 February 2016
Insurance
Fairfax Financial Holdings posted a dramatic fall in profits for 2015 as some solid underwriting returns were more than offset by investment losses. 22 February 2016
Insurance
ERS, the specialist motor insurer and Lloyd’s managing general agent (MGA) has reported a dip in its 2015 profits – down to £6 million, compared with £8.3 million in 2014. 19 February 2016
Insurance
Fitch Ratings has downgraded Amlin and Amlin Insurance’s insurer financial strength (IFS) ratings to A from A+ but removed the firms from Rating Watch Negative (RWN). 16 February 2016
Insurance
Insurance company American International Group (AIG) posted a big loss for the fourth quarter of 2015, reporting an after-tax operating loss of $1.3 billion, compared with after-tax operating income of $1.4 billion in the prior-year quarter. 12 February 2016
Insurance
AM Best has upgraded the financial strength rating (FSR) to A+ (Superior) from A- (Excellent) of insurance group Keystone National Insurance Company . 12 February 2016
Insurance
Industry and country risk for the global marine protection and indemnity (P&I) insurance sector has been labelled as intermediate by Standard & Poor’s (S&P) in its insurance industry and country risk assessment (IICRA). 11 February 2016
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