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Syndicate Research (SRL) has downgraded the A-^ (Good) Continuity Opinion of Lloyd’s Syndicate 2001 (MS Amlin Underwriting) to B+^ (Above Average) following the announcement of its 2017 annual results and put it under review for further possible downgrade. 17 April 2018
Alternative Risk Transfer
SCOR has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond. 1 June 2018
Insurance
UK-based specialist insurer Pension Insurance Corporation (PIC) said on July that it concluded a £1 billion longevity reinsurance agreement with SCOR. 12 July 2017
Insurance
As it readies to be taken over by The Hartford Financial Services in a deal that values it at $2.1 billion, Navigators Group posted a solid set of results and returned to profit in the third quarter of 2018. 8 November 2018
Insurance
Volatility in the Spanish bond market due to instability created by Catalonia’s independence vote is a concern for Spanish re/insurers, according to AM Best. 24 October 2017
Insurance
The potential for hardening rates and terms and conditions (T&C) will be the main talking point at the Baden-Baden 2017 Reinsurance Symposium, according to an online survey carried out by Intelligent Insurer. 24 October 2017
Insurance
While the frequency of natural disasters has continued to increase, data indicate that the real cost per disaster has been declining since 1970, according to PwC analysis. But with more disasters being recorded, the total cost of damages continues to climb. 24 October 2017
Insurance
Bermuda-based mortgage insurance provider Essent Group has announced that Adolfo Marzol has resigned from its board of directors. 10 May 2017
Insurance
Broker Willis Re said on Oct. 6 that it is developing an online placement platform with broker and risk/capital management advisor TigerRisk Partners. 6 October 2017
Insurance
BGC Partners, a global brokerage firm, has completed the entire acquisition of Lloyd's specialist re/insurance broker Besso Insurance Group for £70.5 million on enterprise-value basis. 1 March 2017
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