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Despite the wave of consolidation in the reinsurance industry at the moment, many believe that there remains a role for smaller, niche players, a survey by Intelligent Insurer has revealed. 2 February 2015
Insurance
Following the temporary lapse of the Terrorism Risk Insurance Act (TRIA), Intelligent Insurer explores the market’s appetite to welcome terrorism risk back into the private sector, and asks what other risks currently held by governments could potentially be transferred. 30 January 2015
Insurance
Houston International Insurance Group (HIIG) has raised $70 million in additional capital from its shareholders to finance growth. 27 January 2015
Insurance
Rating agency Standard & Poor’s (S&P) will pay $77 million to the Securities and Exchange Commission (SEC) to settle three cases involving fraudulent misconduct. 27 January 2015
News
The proposed merger of PartnerRe and Axis Capital has caused mixed views from rating agencies some of which have raised concerns over a smooth integration. 27 January 2015
Insurance
Rating agency AM Best has revised the outlook of QBE to stable from negative after QBE under a series of capital actions in 2014. 16 January 2015
Insurance
The industry will face a trend of defensive consolidation following XL Group’s $4.1 billion takeover of Catlin. 16 January 2015
Insurance
XL Group’s $4.1 billion takeover of Catlin has been welcomed by rating agencies though some have noted a potential deterioration of XL’s credit profile and the risks inherent in an acquisition of this size and scope. 12 January 2015
Insurance
A new managing general agent (MGA), backed by specialist Lloyd’s MGA CFC Underwriting, has been launched. 9 January 2015
Insurance
The US Senate has reauthorised the Terrorism Risk Insurance Act (TRIA) for the next six years, following months of uncertainty. 9 January 2015
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