Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its Aon’s Reinsurance Aggregate (ARA) report, which analyses the 2018 financial results of 23 major reinsurers*. These companies represent around half of the world’s non-life reinsurance premiums and a large majority… Continue reading Reinsurers Remain Resilient Despite Two Years of Heavy Natural Catastrophe Losses: Report
Tag: reinsurers
Brexit Drives Nearly 50 Financial Firms to Luxembourg
Brexit is driving a much heralded jobs boom and expansion in the financial services industry – in Luxembourg. According to lobby group Luxembourg for Finance, 47 banks, insurers, wealth managers and investment firms have plans to move some business activities to the Grand Duchy in order to cope with potential disruption from Britain’s impending departure… Continue reading Brexit Drives Nearly 50 Financial Firms to Luxembourg
Fitch Ratings: First Half-2018 Offers Some Good News for U.S. P/C Industry
Mid-year results for both U.S. property/casualty (P/C) insurers and reinsurers show sectors on the mend following a trying 2017, according to Fitch Ratings in a new report. Operating performance moderately improved for P/C (re)insurers during the first half of the year thanks to improved core loss ratios, lower catastrophe-related losses and lower taxes along with… Continue reading Fitch Ratings: First Half-2018 Offers Some Good News for U.S. P/C Industry