News
Insurance
Swiss Re is looking for acquisitions to enhance capabilities of its corporate solutions unit as well as to secure growth opportunities in developing markets. 2 December 2016
Insurance
The British Insurance Brokers' Association (BIBA) has extended the tenure of its chairman Lord David Hunt of Wirral for another three-year term. 2 December 2016
Insurance
Swiss Re plans to strengthen its research and development (R&D) capabilities to more efficiently identify and allocate capital into more attractive, growing risk pools, the company revealed at a Dec. 2 investors’ day briefing. 2 December 2016
Insurance
Rating agency AM Best has added nine insurers to its 2015 list of impaired insurers in its latest update on the long-term impairment rates of AM Best rated US-domiciled insurance companies. 1 December 2016
Insurance
Further declines in profitability and earnings driven by competitive market conditions has prompted rating agency Fitch to revise its sector outlook for the US property/casualty insurance sector to negative from stable. 1 December 2016
Insurance
Managing general agency Access Holdco Management has acquired property/casualty insurer Occidental Fire & Casualty Company’s Massachusetts non-standard auto insurance book of business. 30 November 2016
Insurance
The US National Flood Insurance Program (NFIP) has tested the transfer of flood risk to the private reinsurance sector, paving the way for a large-scale privatisation of US flood risk. While the potential business for reinsurers is significant, it is likely to be a long and complex process. 30 November 2016
Insurance
AXIS Capital has decided to acquire aviation re/insurer Aviabel, underscoring its long-term commitment to the aviation market despite significant pricing pressure. 30 November 2016
Insurance
Netherland-based insurance group Aegon has appointed Matthew Rider as the chief financial officer (CFO) and member of the executive board at its annual general shareholder meeting. 29 November 2016
Insurance
AXIS Capital has entered into an agreement to acquire aviation re/insurer Aviabel, in order to help expand its footprint in the global aviation market. 29 November 2016
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