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Insurance
For European insurers, 2017 could be pivotal as the way they will respond to ultra-low interest rates, difficult economic conditions in certain regions, and political uncertainties could have a long-term effect on risk profiles and overall creditworthiness, according to S&P Global Ratings. 27 March 2017
Insurance
In recent months, life insurance has lost some of its appeal as demand for bank deposit savings surpassed traditional life insurance, AM Best said in a report. 27 March 2017
Insurance
UK life insurers, general insurers and brokers intend to invest heavily in IT, including blockchain and emerging technologies, according to the latest CBI/ PwC Financial Services Survey. 27 March 2017
Insurance
The four largest cedants in Germany are boosting reinsurance demand in the country as they take advantage of soft market conditions, according to AM Best’s analysis of the 20 largest cedants. 23 March 2017
Insurance
Despite a soft market, large European cedants have slowed down the pace at which they are buying reinsurance, according to AM Best. 20 March 2017
Insurance
Harnessing "big data" is proving essential for insurers seeking to maintain and increase market share and profitability, Fitch Ratings says. 16 March 2017
Insurance
Underwriting in the European reinsurance market remains under pressure but there are signs that rate declines are reducing and pricing is beginning to stabilise in some markets, according to Fitch Ratings. 16 March 2017
News
The world’s biggest reinsurer has suggested its profit for 2017 will be lower than in 2016 on the back of a challenging environment with combined ratios increasing and its reinsurance unit specifically contributing less to profits. But it has also forecast growth in its reinsurance business. 15 March 2017
Insurance
The Chartered Insurance Institute (CII) has appointed Matthew Connell to the newly-created role of director of policy and engagement. 15 March 2017
Insurance
Lloyd’s Syndicate 623, which is managed by Beazley Furlonge and writes business on behalf of Names at Lloyd’s, recognised total gains of $53.6 million in 2016, a jump on the $46.6 million it posted in 2015. 15 March 2017
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