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Insurance
Azerbaijan’s lead reinsurer AzRe Reinsurance (AzRe) has received a solid rating from rating agency AM Best. 20 October 2014
Insurance
A study by Fitch has given more weight to the increasingly widely-held view in the market that many bigger cedants are retaining more business. The rating agency said primary players are becoming more comfortable holding certain risks. 20 October 2014
Alternative Risk Transfer
The big four reinsurance companies in Europe—Munich Re, Swiss Re, Hannover Re and SCOR—have a bright future in the market, according to Stefan Holzberger, managing director of analytics in Europe, Middle East and Africa at AM Best. 20 October 2014
Insurance
PartnerRe Wholesale, the newly launched stand-alone division of PartnerRe, believes it can bridge a gap that exists between specialty insurers and traditional property/casualty carriers. 20 October 2014
News
Cedants have become smarter and more challenging in their demands around risk transfer solutions, believes Ludger Arnoldussen, member of the board of management of Munich Re. It is thus becoming increasingly important for reinsurers to offer bespoke solutions suited to individual clients’ requirements. 20 October 2014
Insurance
The US property and casualty insurance sector has remained at ‘stable’, despite companies “jockeying for positions”. 17 October 2014
Alternative Risk Transfer
The lack of capital charges on securitisations does not account for the variation in risk in these assets under Solvency II. 17 October 2014
Insurance
Rating agency Standard & Poor’s (S&P) has upgraded insurer AXA’s outlook to positive to reflect what it said was an improved financial risk profile. 16 October 2014
Insurance
Rating agency Fitch has affirmed Lloyd’s of London insurer financial strength (IFS) rating at ‘AA-’ with a stable outlook. 15 October 2014
Insurance
Rating agency Standard & Poor’s (S&P) has revised the outlook of Lloyd’s of London to stable from positive as conditions in the reinsurance sector deteriorate. 14 October 2014
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