S&P's capital model review: this could hurt
The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports
Axis takes $240m cat losses hit in Q3
"Exceptional levels" of cat losses this quarter as market is roiled by climate events
UK's BI judgement could be favourable for Axis, says CEO
FCA test case keenly watched by US insurers, outcome expected in September
Axis makes $235m provision for Q1 coronavirus losses
Warns of additional $65m cat provision and steep falls in investments
Bermuda taken off EU tax blacklist for now
Moved to grey list, given until end of year to comply with tax rules
Axis hit by $30m typhoon loss creep
The Bermudan insurer’s Q1 results were impacted by losses from 2018’s Japanese typhoons
Abir appoints chair for 2019-20
Axis Capital president and CEO replaces RenRe's Kevin O'Donnell
Axis Capital and Insurlab Germany seek brightest student minds
Axis launches risk management academy at University of Illinois
Axis to acquire Novae for $604m
Deal creates London specialty insurer with $2bn of annual premiums
The 'winners' and losers from the Ogden rate change
Insurers with lower retention rates increased their motor market share in Q1 as others were forced to raise prices faster. They are, however, likely to be hit harder during their reinsurance renewals, and the profits lost across the entire sector could reach £3.5bn. Callum Tanner reports
- 1
- 2