Reinsurance
US and EU bilateral agreement on reinsurance should eliminate competitive disadvantage
Negotiations between the US and EU surrounding a bilateral agreement on reinsurance has been reiterated.
Willis Re promotes Kent
Willis Re has promoted James Kent, co-president of Willis Re and president of Willis Re North America, to global deputy CEO with immediate effect.
Axis buys aviation specialist Aviabel
Bermuda-headquartered specialty (re)insurer Axis has reached an agreement to buy Brussels and Amsterdam based (re)insurer Aviabel.
Munich Re eyes up Iran entry
Munich Re is considering plans to provide its insurance services to Iran following sanctions relief at the beginning of the year, according to Iranian news broadcaster Press TV.
R&Q wins court case over 9/11 terrorist attacks claim
A payout from claimants in the 9/11 terrorist attack has been partly recouped by Randall and Quilter against the company's reinsurer.
Argo Group acquires Ariel Re for £187m
Argo Group is to acquire Ariel Re for approximately $235m (£187m).
Munich Re's Q3 profits rise 31%
Reinsurance giant Munich Re has seen its profits climb 31% in the third quarter of 2016 compared with the same period last year.
JLT Group reports 'resilient' performance in its interim results
JLT Group has reported a "resilient" performance of its risk and insurance businesses, in its interim results for 2016, despite pricing pressures in multiple markets caused by global economic uncertainty.
Lloyd's to open Indian reinsurance branch in 2017
India's Insurance Regulatory and Development Authority has approved Lloyd's application for a reinsurance service in India.
Insurers 'must adapt lines to changing terrorist threat'
Insurers must create new lines of cover to protect against the changing threat of terrorism, according to a new report.
Europe: Berating the ratings
Fitch Ratings caused a stir when it criticised the Insurer Financial Strength ratings issued by one of its main rivals, AM Best.
Peak Re and warranty MGA Nexassure partner in Asia
Hong Kong-based extended warranty MGA Nexassure has secured a reinsurance partnership with Hong Kong-headquartered reinsurer Peak Re for insurers in Asia.
Pool Re launches international terrorism risk body
Pool Re has launched the International Forum of Terrorism Risk Reinsurance Pools.
Asia Capital Re sells to Chinese investment firms
Singapore-based ACR Capital Holdings' shareholders have agreed to sell the reinsurance firm to two Shenzhen state-owned firms.
Qatar Re granted Singapore license
Qatar Re has been granted a license to operate in Singapore.
XL Catlin's Simon Cook on the role of reinsurers in cyber
Data breaches, ransomware attacks and social media scams are all making the headlines and are the stuff of nightmares for risk managers. It’s not surprising then that the insurance industry has been occupied with trying to develop solutions that respond…
Top 30 European insurers 2016: At the top of their game
A lack of large natural disasters, favourable exchange rates and a number of sizeable mergers have seen many of the top 30 European insurers weather the tough environment and climb the rankings
Europe: Bermuda and its Solvency II equivalent meet the highest standards
Bermuda has been granted equivalent status under the Solvency II directive, besides being approved as a qualified jurisdiction by the US National Association of Insurance commissioners.
Peak Re completes 50% acquisition of Caribbean insurer
Hong Kong-based reinsurer Peak Re has completed the 50% acquisition of Caribbean-insurer Nagico.
XL Innovate backs peer-to-peer start-up Lemonade with 'significant investment'
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.
Catastrophes force $31bn global payouts in H1
Insurers paid out $31bn (£23.5bn) in the first half of the year as a result of catastrophes, an increase of 51% over last year.
Munich Re CEO confident on pricing after increase in catastrophes
Nikolaus von Bomhard, Munich Re's CEO, has said reinsurance prices are bottoming out based on July's renewals.
Natural catastrophes hit Munich Re's first half profits; CEO warns on Brexit
Reinsurer on track despite Munich Re's 24.4% first half operating profit fall to €1.4bn (£1.2bn) compared with €1.9bn in H1 2015.
Europe: Reinsurance trends in 2016 and beyond
Reinsurance and global risks are by nature linked, since the reinsurance business is all about risk. To better understand reinsurance trends a look at the global risk landscape is required.