Archive

Strong earnings spur positivity for reinsurers

Firms are prospering from prolonged positive market conditions, according to Fitch Ratings and Morningstar DBRS

Allstate gets nod to hike California homeowner rates by 34%

Insurance commission has been looking to fast track rate rises in state

The heat is on for US asset-intensive reinsurance regulations

At its summer meeting, the NAIC put forward proposals for tightening up the supervision of life reinsurance transactions. It could either spoil or secure what is now a very lucrative market. Sarfraz Thind reports

Liberty Mutual cuts wildfire coverage in California citing tech issues

Australian regulator reorganises into two supervisory divisions

Apra also reveals priorities for next four years

Munich Re is the largest reinsurer in the world, according to IFRS

But Swiss Re top of the non-IFRS pile as new accounting method complicates things, says AM Best

Growth in China and Hong Kong stalls for Prudential

The firm said it had taken steps to reposition its business in H1

Sun Life names Niall Grady as CRO for Asia

Ageas reports "remarkable" H1 growth in non-life business

IFRS 17 tax issue in China dents life net operating result

FCA launches investigation into UK's protection insurance market

The regulator is concerned that some products may be providing poor value