Reactions - Global Insurance

Rankings Subscribe to RSS feed

Japan Post, Axa world’s biggest insurers 11 January 2012

Data: AM Best data reveals world's largest insurance companies by assets and net premiums.
LatAm market grew 19.2% in 2010: Mapfre 09 January 2012

The premium volume of the Latin American insurance market grew 19.2% in 2010 when expressed in euros to Eu90,316m, according to figures released by Spanish insurer Mapfre.
AM Best assigns ‘A-’ FSR to QBE Del Istmo Re 06 January 2012

The rating agency has also assigned an "a-" ICR to QBE Del Istmo Reinsurance, Del Istmo Assurance and Liffey Reinsurance.
2011 insured cat losses $108bn: Swiss Re 15 December 2011

2011 is second-most-costly year for catastrophe insurance losses; $47bn of insured earthquake losses are highest ever.

AM Best downgrades FFVA Mutual Insurance 31 January 2012

The agency has downgraded FFVA’s ratings following significant underwriting losses in the first nine months of 2011.
Fitch downgrades ORI's insurance subsidiaries 31 January 2012

The rating agency attributed the downgrades to uncertainties at Old Republic.
French insurance market improving: Moody's 31 January 2012

The rating agency commends the French insurance industry for improved underwriting discipline, and suggested combined ratios could drop while prices will continue to increase.
South African non-life 'resilient' - Fitch 27 January 2012

While non-life insurers' rating outlooks were stable in 2011, the outlook on long-term foreign- and local-currency IDRs was revised to negative.

AM Best rates Travelers’ shelf registration 19 December 2011

The rating assignments reflect solid risk-adjusted capitalisation, leading market profile in commercial and personal lines and positive operating and underwriting results.

BB&T to buy Crump’s life and P&C units 03 February 2012

BB&T to acquire Crump Life Insurance Services and Crump Property & Casualty Insurance Services for $570m in cash.
Whittington completes London unit sale 27 January 2012

Consortium of Tawa, Skuld, and Paraline has completed acquisition of Lloyd's turnkey managing agency Whittington Insurance Markets.
Groupama to sell off UK business 13 January 2012

The Paris-based mutual insurer says it has received several “spontaneous expressions of interest for some of the more profitable parts of its business”.
Bollinger acquires New Jersey broker 09 January 2012

The insurance intermediary has acquired Argent Professional Insurance to solidify its professional liability units in the US.

ILS Data: Cat bonds set for "banner year" 19 January 2012

A strong fourth-quarter for cat bonds has some predicting a “banner year" for the insurance-linked securities market in 2012. Includes full-year data for ILS issuance.
2011 insurance-linked securities (ILS) transactions 17 January 2012

2011 natural catastrophe bond transactions - as of November 17
Strong Q4 for cat bonds: Aon Benfield 17 January 2012

The ILS market enjoyed a strong end to 2011, with nearly $2bn-worth of new deals in the fourth quarter. But concerns are rising in Europe over the underlying collateral solutions used in cat bonds, according to a new Aon Benfield report.
All natural catastrophe bond deals - 1994 to present 01 January 2012

Source: Goldman Sachs