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Insurance
Malcolm Steingold is set to step down and retire as Aon Benfield's head of Asia Pacific (Apac), Aon Benfield confirmed to Intelligent Insurer. 10 April 2017
Insurance
S&P Global Ratings upgraded aviation re/insurer Aviabel Belge d'Assurances Aviation after its acquisition by Bermuda-based property/casualty (re)insurer AXIS Capital Holdings. 10 April 2017
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
Against a backdrop of a deteriorating rating environment, overcapacity and downturn in the industry, the energy insurance market continue to face its lowest rating environment in several decades, according to the latest quarterly Energy report from Lloyd & Partners. 6 April 2017
Insurance
Bermuda-based PartnerRe has completed the acquisition of North American life reinsurance company Aurigen Capital, according to a statement. 4 April 2017
Insurance
Lloyd’s of London reported underwriting losses in all classes in the accident year 2016, driving the management to take action to improve underwriting quality and expenses. 31 March 2017
Insurance
Pressure facing the global reinsurance sector may be magnified in Bermuda, rating agency AM Best suggested. 30 March 2017
Insurance
Ratings agency AM Best has said that Endurance Endurance Specialty Holdings’ operations will benefit from being a significant operation within a larger organisation with deep financial resources as a result of its acquisition by Sompo Holdings. 29 March 2017
Insurance
Chinese conglomerate Fosun said that its Bermuda-based specialty property/casualty insurer Ironshore made a net profit of $115.7 million in 2016 while producing an underwriting loss with a combined ratio of 102.1 percent. Premium income was 2.20 billion during the period. 29 March 2017
Insurance
The pressure and risks faced by insurers in Europe are increasing further in 2017, pressuring profitability and return on capital, according to China-based credit rating agency. 29 March 2017
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