Lloyd’s first six months results, released yesterday, were generally good. Profits were down slightly at £1.38 billion [[$2.222 billion] from £1.53 billion [$2.463 billion] for the first half of 2012, while gross written premiums rose 4.9 percent [3.3 percent when …
Aon Benfield’s annual Evolving Criteria report, which reviews the latest developments in rating agency protocol and impact for the insurance industry in the Asia Pacific region, concludes: “The Asia Pacific insurance markets have slowly recovered from the significant losses they …
A report from Standard & Poor’s Ratings Services says that overall, “it considers global multiline insurers (GMIs) to still display better credit quality than other insurance groups or companies.” The report – “Global Multiline Insurers’ Robust Market Positions And Improving …
A.M. Best Europe – Rating Services Ltd. said it “does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade.” Best was referring to the announcement on February 22, …
Standard & Poor’s Ratings Services has issued a new report – “Global Insurance Key Risks And Credit Trends Dominated By Low Interest Rates And Regulation Issues -” which examines how those two issues are “dominating the agendas of the leading …
Property/casualty insurers say that principal preservation and total return are the most important objectives of their companies’ portfolio management, yet when asked about their satisfaction level with these two investment goals, their responses diverge. In a survey of P/C carriers’ …
With interest rates low and looking like they will stay low for some time to come, property/casualty insurance companies will have to focus on making their profit on underwriting rather than on investments. However, P/C insurers expecting to achieve better …
