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Friday, 01 August 2014

Finance News

Flood

European floods to cost Allianz €350mSubscription

14 June 2013

Insurer expects reinsurance cover to limit impact

Bermuda

Fitch downgrades Bermuda’s sovereign ratingSubscription

10 June 2013

‘Excessive reliance on mature industries’ is limiting Bermuda’s growth prospects, says rating agency

Mario Greco, Generali

Generali chief hails progress as Q1 profit rises 6.3%Subscription

10 May 2013

Property/casualty combined ratio improves 1.8 points to 93.6%

Money handover

Tax and acquisition costs eat into Enstar’s Q1 profitSubscription

10 May 2013

Run-off buyer’s profit before non-controlling interests drops 16%

Magnifying glass

Kuwait Re off negative outlookSubscription

26 April 2013

Reflects the reinsurer’s improved technical performance – AM Best

tax calculator

AXIS more than doubles Q1 profitsSubscription

26 April 2013

GWP increased 15% to $1.7bn

up arrow

SCOR P&C premiums up 6% at 1 April Subscription

25 April 2013

The premiums up for renewal represented about 10% of the total annual volume of treaty premiums

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Montpelier Re boasts combined ratio of 62% in Q1Subscription

25 April 2013

Share buybacks demonstrate active capital management

PPI complaints surge

Aspen records Q1 profitSubscription

25 April 2013

Reinsurance premiums down but 8.4% growth in US insurance GWP

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Everest Re enjoys 'record quarter'Subscription

24 April 2013

Credits benign cat environment and rising (re)insurance rates

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Hannover Re buys $1.5bn of UK longevity riskSubscription

24 April 2013

Reinsurer took on $3bn of longevity risk from Legal & General in February

South Africa

South Africa postpones solvency regimeSubscription

23 April 2013

Delay to January 2016 provides ‘breathing space’ - AM Best

India

India moves one step closer to insurance reforms Subscription

22 April 2013

Increasing insurance FDI at the top of the agenda says finance minister

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Moody’s downgrades QBE debt ratingsSubscription

22 April 2013

Follows losses from Superstorm Sandy and the US drought in 2012

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Reinsurance growth defies tough conditionsSubscription

18 April 2013

Capacity increasing despite low yield and competition, says AM Best

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Investors double cat bond returnsSubscription

18 April 2013

Capital is flowing into ILS as prices decrease – Aon Benfield Securities

PPI complaints surge

Trust Re reports solid 2012 resultsSubscription

17 April 2013

Net underwriting profit rises 75% for Bahrain-based reinsurer

Lloyd's building

Rate hikes boost London market results – AM BestSubscription

16 April 2013

Insurers opting to return capital to shareholders rather than deploy it, rating agency finds

china

China GDP growth slows in Q1 Subscription

15 April 2013

China expected to become world’s largest insurance market in the next decade

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Willis Re says changing reinsurance market conditions favour mutual insurersSubscription

15 April 2013

‘Loyal’ mutuals are reinsurers’ preferred customers in a soft market

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