-
US reinsurance rates remain under pressure at 1 July renewals
09 July 2013Pricing to trend downwards for the rest of the year, say brokers
-
PIC strikes largest UK pension buy-out deal
09 July 2013Insures £1.5bn liabilities of EMI pension fund
-
Swiss Re expects $300m in claims from European floods
08 July 2013Puts total cost to insurance industry at $3.5bn-4.5bn
-
Low interest rates challenge regulators as well as insurers
05 July 2013Current economic policies are creating market distortions that insurers and their regulators should tackle sooner rather than later, says Daniel Hofmann, advisor to the chairman of Zurich Insurance Group
-
Groupe Consultatif appoints CEO
04 July 2013Dutchman Ad Kok takes new role
-
L&G takes deferred premium in bulk annuity deal
04 July 2013Deal insures liabilities of Kenwood pension fund
-
Lloyd's CEO to quit in December
04 July 2013Richard Ward has been longest-serving chief executive
-
Phoenix breathes new life into its actuarial systems
03 July 2013The UK closed-fund consolidator has replaced its myriad modelling systems with just one, in a huge three-year project that is said to have been on time and on budget. For Phoenix, the project was not only operationally necessary; it was a strategic imperative. InsuranceERM explains
-
Prudential Financial appeals "systemically important" designation
03 July 2013No word on whether AIG is also appealing
-
Munich Re cat bond includes Australian cyclone risk
02 July 2013Investors snap up $75m bond also covering US hurricane perils