News

Insurance

QIC and Antares Re face rating downgrade over profit concerns

AM Best’s assessment of its operating performance is no longer ‘strong’.   16 December 2022

Insurance

Reinsurance Group of America seals $1.7bn longevity reinsurance deal

The transaction covers annuity contracts for a US-based insurance group.   16 December 2022

Insurance

Go steady: Active Re’s business model for growth

As Active Re celebrates its 15th anniversary, CEO Ramon Martinez Carrera shares the strategy behind the reinsurer’s sustainable growth and talks about its ongoing expansion plans.   16 December 2022

Insurance

AXIS Capital secures $605m LPT reinsurance deal with RiverStone

The transaction covers several professional lines and liability insurance portfolios.   16 December 2022

Insurance

Top Munich Re officer to exit after 33 years amid shake up, won’t be replaced

He was an architect of the group’s strategy for long-term profitable growth in the US.   16 December 2022

Insurance

Lloyd’s players back Parametrix extend reinsurance capacity

Reinsurance capacity is provided by underwriters from Lloyd’s and Hannover Re.   16 December 2022

Insurance

String of new appointments as Fidelis forges ahead

Roles include deputy chairman, director of underwriting and executive committee.   15 December 2022

Insurance

Munich Re shakes up board in move towards ‘less volatile’ fields of business

Munich Re wants to become a ‘powerful global player’ in specialty insurance business.   15 December 2022

Insurance

Florida passes insurance reform to curtail litigation, boost reinsurance

The bill killing assignment of benefits & attorney fee rules cleared both houses in just 3 days.   15 December 2022

Insurance

Munich Re splashes IFRS 17 conservatism on underlying 2023 profit gains

Strong markets in 2023 plus IFRS17 could sell major downside to combined ratio reading.   15 December 2022

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