All News articles – Page 98
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NewsReason and logic govern firming reinsurance landscape: Willis Re 1st View Renewals Report
The Willis Re 1st View report is a thrice-yearly publication including specific commentary on key trends throughout the world’s major reinsurance classes and regions
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NewsSix business risks for 2021
The need for robust organisational resilience plans and resources to ensure employee wellbeing are essential in the ‘new normal’
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NewsPremia expands reinsurance capacity with Elevation Re formation
This arrangement enables Premia to support run-off reinsurance opportunities with additional capacity and allows investors in Elevation Re to participate alongside Premia in the rapidly-expanding P&C run-off market through a unique and innovative structure.
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NewsEnstar announces reinsurance of $690 Million of Continental Casualty Company’s Legacy Excess Workers’ Compensation Business
The closing of the transaction is subject to regulatory approval and other closing conditions.
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NewsCayman Islands reinsurers form industry group
The founding members of CIRCA include: Aureum Re, Barents Re, CIBC Cayman Reinsurance Ltd., Greenlight Re, Knighthead Annuity & Life Assurance Company, Nassau Re (Cayman) Ltd. and United Insurance Company.
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NewsAMNM partners with AlKoot Insurance and Reinsurance
The partnership provides AlKoot’s members access to AMNM’s world-class, patient-centric healthcare services in Qatar.
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NewsJapan’s Daiwa bets on securities underwriting business in China, CEO says
China has unveiled a slew of measures in recent years to open up its financial sector - worth trillions of dollars - to foreign firms, including banks, fund management, brokerages and insurance businesses.
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NewsU.S. appeals court upholds Trump health care price disclosure rule
A federal appeals court on Tuesday upheld a White House-backed rule to require hospitals to disclose the prices they negotiate with insurers for an array of common tests and procedures.
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NewsSompo International completes acquisition of Diversified Crop Insurance Services and forms AgriSompo North America
AgriSompo will be one of the largest crop insurance providers in the United States and the world, with combined gross written premiums of over $2B.
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NewsAcquisition of Vibe Lloyd’s interests
The Vibe Syndicate 5678 was placed into run-off in December 2019.
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NewsBrexit offers Britain chance to do financial services differently - Rishi Sunak, Finance Minister
“Now that we’ve left the European Union, we can do things a bit differently (in financial services),” Sunak told broadcasters.
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NewsWR Berkley Corporation forms SPI in Bermuda
Lifson Re has been capitalised with more than $250 million of equity from a small group of global investors with long-term investment horizons, including a minority participation by WR Berkley Corporation.
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NewsZoopla owner to buy most price comparison businesses of Admiral in 508 million pounds deal
Global insurer MAPFRE will also sell its 25% stake in Rastreator and 50% holding in Preminen to RVU as part of the deal.
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NewsAon’s $30 billion Willis Towers deal in EU antitrust crosshairs
The merger of the world’s second and third largest brokers would overtake world No. 1 Marsh & McLennan Companies Inc.
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NewsF&G Re takeover completed
Bermudian-based life reinsurer F&G Reinsurance will operate under a new brand, Aspida Re, after the takeover of the company was completed. Ares Management Corporation and its indirect subsidiary Aspida Holdings Ltd today announced the completion of Aspida’s previously announced acquisition of F&G Re, a subsidiary of Fidelity National Financial. As ...
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NewsAM Best Affirms Credit Ratings of Ghana Reinsurance Company
The ratings reflect Ghana Re’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, limited business profile and weak enterprise risk management.
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NewsSlovenia’s Sava Insurance Group plans rise in profit to 53 mln euro in 2021
The group plans to earn gross written premiums of over 685 million euro next year, up from the 640 million euro planned for 2020, Sava Re, said in a statement on Friday.
