Insurance & Reinsurance

London Market: AEGIS Syndicate Posts Healthy Results

AEGIS London has delivered a combined ratio of 99% in 2017 for Syndicate 1225 – this was 15% better than the result announced for the Lloyd’s market overall. At £462m, gross written premium was ahead […]

Global insurance trends

Aon Sets Up Biggest Ever Catastrophe Insurance Bond

Aon Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has assisted the World Bank in structuring the largest ever catastrophe bond covering earthquake, providing the organisation with USD1.36 billion […]

Insurance & Reinsurance

Willis Towers and Covea Deal on Storm Damage is Signed Off

Willis Towers Watson Securities, the investment banking business of Willis Towers Watson (NASDAQ: WLTW), today announced that it has structured and placed EUR 90 million of insurance-linked securities for Covea Mutual Insurance Group, France’s largest […]

Global insurance trends

Allianz Extends Reach in China and Indonesia Markets

Following the opening of a new branch office in South Korea in June, Allianz Global Corporate & Specialty SE (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia. The […]

Emerging Risk

Microinsurance Growth in Developing Economies

More than 8.2% of the population in Latin America and the Caribbean had at least one microinsurance policy as of December 2016, with 52.1 million people insured corresponding to USD 420 million in Gross Written Premiums, estimates a new study on The […]

Insurance & Reinsurance

Western (re)insurance markets now losing 10% to new Russian NRC

No case of non-payment of reinsurance indemnity due to sanctions clauses has been reported since the end of 2014. Nevertheless, Russia’s central bank is now attempting to counter these effects with the creation of the NRC. […]

No Picture
Global insurance trends

US only region with higher renewal rates

Global insurance rates trended downward at the end of 2013, driven by average pricing declines in all regions except the US, according to Marsh’s latest Global Insurance Market Quarterly Briefing. Overall rates tracked by the Marsh […]