News - Re/Insurance groups
NN Group reports 4Q17 and 2017 results
15 February 2018Euler Hermes 2017 full year results: Stable ordinary operating income +10% net result
14 February 2018MetLife announces fourth quarter and full year 2017 results
14 February 2018XL Group Ltd Announces Fourth Quarter and Full Year 2017 Results
9 February 2018AIG Reports Fourth Quarter 2017 Results
9 February 2018Adris grupa and HUP Zagreb sign strategic partnership agreement
7 February 2018Allianz to acquire Janashakthi General Insurance Limited in Sri Lanka
Allianz, the global financial services leader, announced that it has entered into an agreement with Janashakthi Insurance PLC ("JINS") to acquire 100 percent of its subsidiary Janashakthi General Insurance Limited ("JGIL") for 16.4 billion Sri Lankan rupees (85.9 million euros).
7 February 2018GENERALI prepared to attack the growth program by the end of the year
After completing its turnaround plan, by the end of 2018, GENERALI will launch its next development program, switching to "a new phase, of expansion, a growth phase," the Italian Group's CEO, Philippe DONNET told Bloomberg Europe.
1 February 2018Thomas BUBERL, AXA: climate change had become a reality for the insurance industry
Thomas BUBERL, the head of global insurer AXA said on a panel at the World Economic Forum's annual meeting in Davos, Switzerland, that climate change had become a reality for the insurance industry.
1 February 2018MetLife Preannounces Preliminary Fourth Quarter Results
31 January 2018Swiss Re further strengthens its position in Asia with appointment of a regional Board of Directors
Swiss Re today strengthens its presence in Asia with the launch of its regional headquarters, Swiss Re Asia Pte. Ltd. (Swiss Re Asia), in Singapore, and the appointment of a new regional Board of Directors for the entity.
31 January 2018Chubb Reports Fourth Quarter Net Income of USD 1,533 million
Chubb Limited (NYSE: CB) today reported net income for the quarter ended December 31, 2017 of USD 1,533 million, or USD 3.27 per share, compared with net income of USD 1,610 million, or USD 3.41 per share, for the same quarter last year.
31 January 2018EDIZIONE Holding plans to invest EUR 250 million to double its share in GENERALI
EDIZIONE Holding - one of the largest Italian investment group owned by
the BENETTON family, plans to double its stake in insurer GENERALI to
around 2%, wrote Reuters quoting a banking source.
25 January 2018QBE expects USD 1.2 billion loss in 2017 due to last quarter's NatCat activity
QBE announced it expects to report FY2017 combined operating ratio (COR)
of around 104%, above the targeteted COR range of 100-102% outlined in
October 2017, due the catastrophe activity in the fourth-quarter.
25 January 2018AIG to acquire VALIDUS for USD 5.56 billion in cash
American International Group (AIG) announced it will acquire all the outstanding common shares of VALIDUS Holdings for an aggregate transaction value of USD 5.56 billion, in cash.
25 January 2018A.M. Best withdraws credit ratings of GENERALI Lebensversicherung A.G.
A.M. Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to "bbb+" from "a-" of GENERALI Lebensversicherung A.G. (Generali Leben) (Germany).
18 January 2018QATAR Re receives regulatory approvals to open a branch office in London
QATAR Re - the Bermuda based reinsurer of the QIC Group announed that it has been authorised by the Prudential Regulation Authority (PRA) to carry out certain regulated activities in the UK from its branch office in London.
17 January 2018SCOR completes the acquisition of MutRe
French reinsurer SCOR said it has successfully completed its 100% acquisition of mutual reinsurer - MutRe S.A. SCOR has been a 33% shareholder and a major technical and commercial partner of MutRe since the company was created in 1998.
17 January 2018AON Benfield: Increasing reinsurance rates may be relatively short-lived
According to AON Benfield's Impact Forecasting estimates, economic losses from NatCat events in 2017 totalled USD 320 billion, with USD 128 billion of this being covered by re/insurance, making it "the third most costly year behind 2011 and 2005".
11 January 2018MUNICH Re: 2017 NatCat claims reached a record of USD 135 billion
The global re/insurance industry has to pay "a record bill" of USD 135 billion after the last year's NatCat events, according to an overview of natural catastrophes in 2017 published by the German reinsurer MUNICH Re.
11 January 2018
