US P/C Insurers Hit Record Investment Income in 2023 May 31, 2024 The U.S. property/casualty insurance segment’s net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest...
Libor Zombies Pit Hedge Funds Against Banks, Insurers in High-Stakes Feud August 28, 2023 By Tasos Vossos and William Shaw One of the most lucrative, and contentious, trades of 2023 has emerged in an obscure corner of financial markets, minting...
Europe Insurers’ Stress Tests Could Lead to Higher Capital Requirements July 13, 2016 By Jan-Henrik Förster and Oliver Suess European insurers, whose profits are being eroded by Mario Draghi’s* quantitative easing program, face a stress test headache that risks...
Swiss Re Hikes Corporate Debt Holdings, Cuts Risky Government Bonds June 17, 2016 By Jan-Henrik Förster The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to...
PartnerRe Reshapes $16B Investment Portfolio Under Elkann/EXOR’s Leadership May 26, 2016 By Sonali Basak and Tommaso Ebhardt PartnerRe exited junk bonds and shifted funds into property as the reinsurer reshaped a $16 billion investment portfolio after being...
Munich Re Issues First Quarter Profit Warning on Lower Equity Investments April 27, 2016 By Oliver Suess Munich Re, the world’s second-biggest reinsurer, fell the most since August 2013 after saying first-quarter profit will be lower than...
Update: Munich Re Counters Negative Interest Rates by Boosting Cash Reserves March 17, 2016 German reinsurer Munich Re is boosting its cash reserves in the face of the punishing negative interest rates from the...
European Re/Insurers Well Positioned to Withstand Market Volatility: A.M. Best August 27, 2015 European re/insurers are well positioned to withstand the current volatility in the stock markets, having made significant changes to their...
Fitch: Downward Pricing Pressures in Reinsurance Market Begin to Slow August 25, 2015 The reinsurance market showed signs of decelerating rate declines in its most recent June/July 2015 renewals, indicating that pricing could...
Vienna Insurance Q2 Profit Drops 8.6% on Low Interest Rates in Region August 25, 2015 By Boris Groendahl Vienna Insurance Group AG, eastern Europe’s biggest insurer, said profit in the second quarter declined 8.6 percent as low interest...