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  • RSA has announced a deal to sell its operations in Latin America to Suramericana, part of Grupo de Inversiones Suramericana, for £403mn ($618.7mn) in cash.
  • Mitsui Sumitomo Insurance Company (MSI) has announced that it has agreed terms to buy London-listed Amlin for a deal worth £3.47bn ($5.4bn).
  • Japanese insurer Mitsui Sumitomo is in advanced talks to buy London-listed carrier Amlin, according to reports.
  • The (re)insurance world has always experienced a clash between long-established practices and so-called "new normals" in market dynamics - often with the former winning out against all rational arguments to the contrary
  • Ratings agency Standard & Poor's today (7 September) upgraded Scor's financial strength rating to AA- from A+, citing the carrier's resilient competitive position and very strong capital and earnings
  • Ceding tactics amongst global insurance carriers are diverging but they are increasingly differentiating between top tier and second-tier reinsurance carriers, Standard & Poor's (S&P) said in a report on their ceding strategies.
  • Vehicle losses from the explosions that devastated the Chinese port of Tianjin could top $1.4bn, Guy Carpenter has said, revealing that more than 22,700 cars were thought to have been destroyed
  • Former Howden Broking Group CEO Tim Coles is to take up the leadership role at London-based managing general agency (MGA) Nexus Underwriting Management, it was announced today (3 September)
  • Fitch expects that reinsurance pricing will continue to fall in 2016 as the ratings agency is unconvinced that a slowdown in rate reductions has signalled the market reaching the floor
  • Daniel Hiller is to join the Munich Re-managed Watkins Syndicate as senior political violence underwriter this month, the global reinsurer has announced