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Vaudoise bucks European trend and posts non-life profits
Swiss group non-life premiums by 3.8% in the first half of the year
Apollo buys Aspen for $2.6bn
US asset manager locks deal with Bermudan re/insurer
Prudential Financial takes $1.5bn LTC reserving hit
Legacy long-term care products spell trouble for US insurer
Hiscox profits rise as premiums increase all round
Major reallocation of investment portfolio
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UK asks EU for different third-party equivalence regime after Brexit
British government proposes an “enhanced” version due to markets’ interconnectedness
Claims payments on the rise in OECD countries
While gross premiums increase less significantly
Vivat issues €300m RT1 notes
Firm joins several insurers to enter RT1 debt market
Talanx expands its sustainability reporting
German insurer plans for 80% of its GWP to be covered under sustainability reporting standards
Commission likely to reject Eiopa’s Solvency II interest rate risk proposals
Better dealt with in 2020 review, says Martin Merlin