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Rating agency Fitch has warned insurers that new UK legislation may lead to more intense price competition and slimmer margins for the commercial insurance sector. 15 June 2016
Insurance
AM Best has upgraded the financial strength rating (FSA) to A (Excellent) from A- (Excellent) of African Reinsurance Corporation (Africa Re), a reinsurance company based in Nigeria. The outlook for this rating has been revised from stable to positive. 13 June 2016
Insurance
The limited number of catastrophe events in 2015 helped syndicates in the London-based Lloyd's insurance market deliver another strong set of results in 2015, according to a new Standard & Poor’s (S&P) report. 10 June 2016
Insurance
AM Best has removed from under review with negative implications and affirmed the financial strength ratings (FSR) of American International Group (AIG) and the majority of its insurance subsidiaries. 3 June 2016
Insurance
A large catastrophic hurricane in 2016 would likely promote a shift towards positive pricing movement following years of property insurance pricing declines in the US property and casualty (P/C) market, according to the annual Fitch Ratings' hurricane season reference report. 1 June 2016
Insurance
The majority of homeowner specialist insurers in Florida have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report from Fitch Ratings. 30 May 2016
Insurance
Re/insurance companies in Bermuda have collectively seen substantial growth in the first quarter of the year, due to acquisitions made by a select few companies in the past 18 months, according to an S&P Global Ratings report. 24 May 2016
Insurance
AM Best has placed under review with developing implications the financial strength rating (FSR) of A (Excellent) of United National Specialty Insurance Company (United National Specialty). 24 May 2016
Insurance
There is a significant risk that some Turkish non-life insurers with high exposure to motor insurance have not set aside enough reserves to fully cover future claims, according to Fitch Ratings. 23 May 2016
Insurance
The upcoming vote on whether the UK should leave the EU is causing waves in places as far away as Gibraltar. Intelligent Insurer investigates. 19 May 2016
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