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Reinsurers face underwriting challenges in the non-life business in China due to lower demand and higher competition, according to rating agency AM Best. 18 December 2017
Insurance
Rating agency AM Best has revised the Issuer Credit Rating (ICR) Outlook to Stable for Aspen Insurance Holdings and its subsidiaries. 18 December 2017
Insurance
Homeowners' re/insurance provider HCI Group has appointed Karin Coleman to executive vice president. 18 December 2017
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
Bermuda-based AXIS Capital Holdings has agreed to pay departing chief financial officer (CFO) Joseph Henry a fee of $1.2 million for advisory services in 2018. 15 December 2017
Insurance
Allianz Group has appointed replacements for regional head of specialty lines in North America John Barnwell who is retiring after more than 20 years with the company. 15 December 2017
Insurance
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity. 15 December 2017
Insurance
UK bulk annuity transactions are set to reach £30 billion in 2018 for the first time, making it a “bumper year”, according to Aon. 15 December 2017
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has partnered with motor specialist Grupo Ordás, one of Mexico's top five brokers, to enter the Mexican insurance market. 15 December 2017
Insurance
Vienna Insurance Group (VIG) is merging two of its Czech group companies and units in Croatia following similar steps in Hungary, Slovakia and Austria. 15 December 2017
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