Capital Rules Eased for UK Banks, Insurers in Wake of Brexit Vote July 5, 2016 By Scott Hamilton, Jill Ward and Paul Gordon Mark Carney pledged to shore up financial stability as he warned that the risks from Britain’s shock decision to leave...
Bermuda Market Associations Allay Fears of Brexit Contagion July 1, 2016 Four leaders of Bermuda market groups quickly issued statements last week to allay any fears that the fallout from the...
Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength June 28, 2016 By Carolyn Cohn Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their...
XL Group’s Shareholders Approve Move to Bermuda from Ireland June 24, 2016 XL Group plc announced that its ordinary shareholders have approved a scheme of arrangement that will change the place of...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey June 14, 2016 By L.S. Howard Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital,...
Delta Lloyd to Raise $226M with Sale of Stake in Van Lanschot June 9, 2016 By David de Jong Delta Lloyd NV may raise as much as 198.4 million euros ($226 million) through the sale of its stake in...
Solvency II Will Increase Reinsurance Buying Demand: Fitch June 6, 2016 By L.S. Howard Solvency II will increase insurers’ demand for reinsurance products as they seek to strengthen their capital positions via risk transfer,...
U.S.-EU Continue Talks on Insurance Regulation Covered Agreement May 31, 2016 By Andrew G. Simpson Trade representatives for the United States and the European Union, who met May 24 and 25 to negotiate a bilateral...
Delta Lloyd to Sell 30.2% Stake in Wealth Manager Van Lanschot to Raise Capital May 31, 2016 By David de Jong and Ross Larsen Delta Lloyd NV started selling its entire 30.2 percent stake in wealth manager Van Lanschot NV as part of the...
Dutch Insurer NN Group Plans to Buy Back Shares Worth $559 Million May 26, 2016 By David de Jong NN Group NV, the second-biggest Dutch insurer, said it will buy back as much as 500 million euros ($559 million)...