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Guernsey ended 2015 with more than 800 international insurers, according to the Guernsey Financial Services Commission (GFSC). 10 February 2016
Insurance
Argo Group has reported a dip in its profits for 2015 to $163.2 million, compared with $183.2 million in 2014. 9 February 2016
Insurance
AM Best has assigned a financial strength ratings of A- (Excellent) to Builders Re (Luxembourg) and Builders Direct (Luxembourg), both subsidiaries of HOCHTIEF a large Germany-based construction company. 8 February 2016
Insurance
Rating agency AM Best has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) for US insurance company Providence Mutual. 5 February 2016
News
Hannover Re says it is largely satisfied with the outcome of its treaty renewals as of January 1, despite sustained significant competition in most areas of property and casualty reinsurance. 3 February 2016
Insurance
AM Best has placed under review with negative implications the financial strength rating of B- (Fair) of Standard Insurance Company, JSC (Standard) (Kazakhstan), provider of life and health, motor vehicle, fire, and liability insurance products. 1 February 2016
Insurance
American International Group (AIG) has completed its fourth quarter non-life loss reserve analysis and strengthened reserves by $3.6 billion pre-tax in the fourth quarter of 2015. 27 January 2016
Insurance
US credit rating firm Moody’s has said it expects Zurich’s earnings coverage and capital and financial leverage to be negatively affected by the insurer’s announcement that it will show some $100 million of operating losses in its general business for its fourth-quarter 2015 earnings. 25 January 2016
Insurance
The Central American and Dominican Republic insurance sector's outlook remains stable for 2016, according to Fitch Ratings in a new report. 21 January 2016
Alternative Risk Transfer
Armour Group Holdings, a Bermuda-based insurance group, has made an investment in Cobalt Insurance Holdings, a London-based provider of Shariah compliant insurance and reinsurance products. 19 January 2016
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