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Insurance
Insurance Europe, a lobby group, has responded to a European Insurance and Occupational Pensions Authority (EIOPA) discussion paper on the upcoming review of Solvency II, where it raised a range of concerns and proposed ways to address them. 8 March 2017
Insurance
US-based CNA, a commercial insurance provider, has appointed Joyce Trimuel to the newly-created role of chief diversity officer and senior vice president. 8 March 2017
Insurance
Insurer MetLife has initiated the regulatory procedure for the planned separation of Brighthouse Financial, which is currently an operating segment of MetLife. 8 March 2017
Insurance
Swizerland-based property/casualty re/insurer Allied World Assurance Company has launched three new professional liability products in Australia, targeted at small, medium and large companies with maximum capacity of A$10 million ($7.6 million). 8 March 2017
Insurance
Dutch trade credit insurer Atradius recorded a 19 percent increase in its net profit in 2016 and enjoyed solid growth. But it also warned on the significant amount of uncertainty facing global and regional trade in 2017. 8 March 2017
Insurance
A group of 18 US property/casualty reinsurer surveyed by the Reinsurance Association of America wrote $41.1 billion of net premiums in 2016, up from $38.9 billion in 2015. 8 March 2017
Insurance
Motor re/insurers face a material one-off reserving hit due to the UK’s Ogden personal injury discount rate cut, hurting profitability, but ratings will remain unaffected, Moody's said. 7 March 2017
Insurance
Claims inflation is driving up reserves and impacting results, making further rate increases necessary to stabilise underwriting profitability, Liberty Mutual executives said during a March 2 results presentation. 3 March 2017
Insurance
Bahrain regulated reinsurer Arab Insurance Group (Arig) has received a license from Dubai Financial Services Authority to operate its wholly owned new reinsurance subsidiary Arig Insurance Management (AIM) which will mainly focus on facultative specialty lines with underwriting authority from Arig. 2 March 2017
Insurance
Ratings agency AM Best said it will monitor the situation after Bermuda-based Maiden Holdings delayed the filing of the company’s 2016 annual report by up to 15 days. 2 March 2017
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