News
Insurance
The challenge and potential implications of climate change have always worried re/insurers. With the issue again at the forefront of global politics, many are also realising the power they have and the moral choices they must make in terms of where they invest. Intelligent Insurer reports. 19 April 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Tony Latham as a non-executive director of the Board of Argo Managing Agency. 18 April 2016
News
Stock prices for publicly traded reinsurance companies increased moderately during 2015 and remained well above the overall market with just two of 18 selected companies experiencing negative stock price movement, according to a new AM Best report focused on reinsurance companies’ stock performance in fourth-quarter 2015. 13 April 2016
Insurance
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) of Lloyd’s Syndicate 1183 (UK), which is managed by Talbot Underwriting. However, it has also withdrawn the rating in response to the company’s request to no longer participate in AM Best’s interactive rating process. 8 April 2016
Insurance
Fadata, a provider of advanced insurance policy administration and claims solutions, has appointed John Macdonald as its new chief executive officer (CEO). 7 April 2016
Insurance
The global insurance industry was a very active participant in the mergers and acquisitions (M&A) wave of 2015, accounting for nearly $150 billion, according to a new report from Standard & Poor’s (S&P). 5 April 2016
News
Reinsurance pricing has continued to soften following another unusually benign year for catastrophe losses, according to a new report from Standard & Poor’s (S&P). 30 March 2016
Insurance
Insurance group Talanx grew significantly in the financial year of 2015, exceeding its group net income target despite the a goodwill impairment in the German life insurance business in the second quarter. 21 March 2016
article
Italian insurance company Generali experienced its best profit in eight years in 2015, posting a net income of €2.03 billion, up 21.6 percent from a net income of €1.67 billion in 2014. 18 March 2016
News
Rating firm Standard & Poor's (S&P) has assigned its preliminary 'A-' counterparty credit and financial strength ratings to UK-based single-peril reinsurer Flood Re. 18 March 2016
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