Reinsurance
Munich Re Expects Profit Drop in 2016 on Soft Market, Low Interest Rates
Munich Re, the world's second-biggest reinsurer, expects profit to decline this year as falling prices for its products and low interest rates weigh on investment earnings. The company plans to ...
Munich Re Plans New $1.1B Share Buyback; Profit Expected to Plunge
Munich Re, the world's second-biggest reinsurer, expects profit to decline this year as falling prices for its products and low interest rates weigh on investment earnings. The company plans to ...
The Latest Launches From Ironshore, Brit, QBE and More
Ironshore is expanding its cyber coverage in Canada. RealRate and Pinnacle Actuarial Resources will jointly offer a beefed up comparative price tool for commercial auto insurance. Brit launched new ...
Cuba Presents Huge Insurance Market Opportunities (in Theory)
Cuba presents significant opportunities for insurers and others businesses in the months ahead as the U.S. restores diplomatic ties. The market is not a slam-dunk, however, as it presents significant ...
North American Specialty Insurer Operating Earnings Soared in 2015: Fitch
North American specialty insurers saw their aggregate operating earnings jump to $3.4 billion in 2015, up almost 11 percent versus the previous year. The data, from a new Fitch Ratings special ...
The Rapid Global Ascendance of China’s Anbang Insurance
China's Anbang Insurance Group Co has emerged from near obscurity 18 months ago to sign deals worth more than $30 billion, moving into the big league of global real estate and finance. The ...
Munich Re, AGCS North America Are Replacing Their CEOs in Measured Transitions
Munich Re and a division of Allianz Group are the latest insurers left preparing for new CEOs. Munich Re said that CEO Nikolaus von Bomhard will step down as CEO and a member of the board of ...
The Latest Launches From Chubb, Aon Benfield, Travelers and More
Chubb will start selling construction industry-related insurance to midsize firms for the first time. Aon Benfield debuts charter flight cancellation coverage. Travelers is now offering a homeowners ...