Latest Financial Management News
Rating agency points to losses over last three years that have eroded capital.
Firms seeing growing demand for products less exposed to financial markets during the Coronavirus pandemic.
Xenia Broking Group finalises acquisition of Howden’s trade credit business.
While taking a financial hit to its asset base, the market is confident it can cope with hurdles wrought by the pandemic.
Industry veteran Bill Jewett to lead new company as CEO.
April AGM will be online due to threat from coronavirus.
The rating agency said that the insurance industry will be able to survive the coming recession.
Pacicco to replace Karkowsky.
Ratings agency has revised its global reinsurance sector outlook to negative over coronavirus implications.
Insurers are adapting their investment portfolios to enhance returns, optimise capital and improve overall resilience, according to Moiz Khan, Investment Strategist at Aviva Investors.
Insurers will be watching their portfolios carefully as the COVID-19 crisis continues.
Earnings per share ticked up to $0.79 for the quarter while underlying revenue at Guy Carp increased by 4% on the prior year period.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.
We ask Carlos Montalvo Rebuelta, the European Insurance and Occupational Pensions Authority's executive director, for more details on interim guidelines for Solvency II and his response to criticism from insurers and reinsurers over the directive's delay.
Company profile: German insurance group Talanx, majority owner of Hannover Re, has floated at last. But the group will not use the deal as a springboard for aggressive growth, says the CEO of its industrial insurance unit.
Ed Noonan, CEO of Bermudian reinsurer Validus, has responded to missing out on Transatlantic Re by launching a $500m joint venture with hedge fund manager John Paulson and agreeing to buy Flagstone Re for $623m. He says it is time to adapt or die.
Interview: Tokio Marine’s reinsurance unit is aiming to grow in Europe and beyond, according to group CEO Tatsuhiko Hoshina and Continental Europe CEO Stephan Ruoff.
In this month's Reactions