A.M. Best: Sanctions Removal to Attract Re/Insurers to Iranian Market August 12, 2015 The lifting of trade restrictions placed on Iran may present significant opportunities for the Middle East and North African (MENA)...
Munich Re Q2 Net Income Rises to $1.14 Billion on Lower Catastrophe Claims August 6, 2015 By Nicholas Comfort Munich Re, the world’s biggest reinsurer, raised its full-year profit target after net income beat analyst estimates on lower catastrophe...
Foreign Insurers Take Cautious Look at Iran Business in Wake of Nuclear Deal July 27, 2015 By Carolyn Cohn and Bernardo Vizcaino Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear...
Re/insurance Market Conditions Will Lead to More M&A Activity: A.M. Best July 20, 2015 Merger and takeover activity is likely to continue in the coming months as re/insurers increasingly seek ways to deploy capital...
Allianz: Hedge Funds Are Opportunity for Insurance Industry, Not Threat July 16, 2015 By Jonathan Levin and Sonali Basak Chris Fischer Hirs, the head of Allianz SE’s specialty insurance business, said he welcomes the growing participation of Wall Street...
Munich Re’s ERGO May Cancel Purchase of Greek Insurer on Instability July 10, 2015 By Nicholas Comfort Munich Re’s ERGO Insurance unit may cancel its planned 90.1 million euro ($100 million) acquisition of Greece’s ATE Insurance SA...
A.M. Best: Eurozone Insurers Remain Robust Despite Instability in Greece July 10, 2015 The impact of Greece exiting the eurozone is likely to hit market confidence in the region, although (re)insurers operating in...
ILS Products Are Changing Reinsurance Industry Norms: ‘Acts of God’ Author July 1, 2015 By L.S. Howard Second of two articles In the first article in this series, Paula Jarzabkowski, professor of Strategic Management at Cass Business...
Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author June 26, 2015 By L.S. Howard First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized...
Hedge Funds Targeted in Senator Wyden’s Reinsurance Tax Bill June 26, 2015 By Selina Wang and Sonali Basak The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift...