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RSA reveals sale of Latin American operations
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.
Charlie Thomas
,
08 September 2015
Mitsui to buy Amlin in £3.5bn deal
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).
Charlie Thomas
,
08 September 2015
Mitsui in talks to buy Amlin for $4.2bn+
Japanese insurer Mitsui Sumitomo is in advanced talks to buy London-listed carrier Amlin, according to reports.
David Bull
,
08 September 2015
The Data Age
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
07 September 2015
S&P upgrades Scor to AA-
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
Catrin Shi
,
07 September 2015
Cedants creating two-tier reinsurance market: S&P
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.
07 September 2015
Tianjin vehicle losses could top $1.4bn
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
Dan Ascher
,
04 September 2015
Coles returns to head up Nexus Underwriting
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)
Catrin Shi
,
03 September 2015
Fitch doubts reinsurance market has found pricing floor
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
Himal Patel
,
03 September 2015
Watkins hires political violence specialist
Daniel Hiller is to join the Munich Re-managed Watkins Syndicate as senior political violence underwriter this month, the global reinsurer has announced
Mark Geoghegan
,
03 September 2015
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