February 1, 2016
Dutch insurer Delta Lloyd is still discussing aspects of Europe’s new solvency regime with regulators as it prepares a 1 billion euro ($1.1 billion) rights issue to shore up its position. Delta Lloyd’s shares, which dipped 1.5 percent to 5.36 …
January 13, 2016
Aegon NV jumped the most in almost six years after saying it plans to buy back 400 million euros ($432 million) of shares and cut costs to improve its return on equity. The Dutch owner of insurer Transamerica Corp. announced …
December 21, 2015
Global consulting and actuarial firm Milliman, Inc. has announced the availability of two new reports detailing embedded value (EV) results for 32 major insurance companies in Europe and Japan and 14 major insurance companies operating in Asia. The reports examine …
December 18, 2015
U.K. insurers have invested at least £3 billion ($4.5 billion) to be compliant with new European Union capital rules, known as Solvency II, that come into effect next month, according to an industry lobby group. More than 400 U.K. firms …
December 17, 2015
Fitch Ratings has issued reports on both the UK and the French non-life insurance sectors. The UK report indicates that “operating conditions within the UK non-life company market are expected to remain stable in 2016.” Fitch said, however, that it …
December 15, 2015
Domestic regulators are increasingly “gold-plating” new European insurance capital rules by adding their own more stringent requirements, according to a survey of insurance trade associations. Two-thirds of national trade insurance bodies surveyed by Insurance Europe, the umbrella group for the …
December 7, 2015
Prudential Plc, Aviva Plc and Legal & General Group Plc are among large U.K. insurers to win Bank of England approval of the models they use to calculate capital requirements under the European Union law known as Solvency II. The …
December 4, 2015
AXA SA, France’s largest insurer, will pay higher dividends to shareholders because of its “robust” capital levels under solvency rules which are coming into effect in January. AXA plans dividend payouts of 45 percent to 55 percent of its adjusted …
December 1, 2015
The Dutch government plans to float ASR Nederland, a former insurance arm of the Belgian financial group Fortis, next year rather than try to find a buyer for the business. ASR, a life and property insurer, reported a book value …
November 30, 2015
Delta Lloyd NV plans to raise as much as 1 billion euros ($1.06 billion) in a rights offer as the Dutch insurer seeks to improve its capital to meet new regulatory standards. The shares dropped. “We realize this is a …