Magazine

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Feb 2015

Global News


Weak operating fundamentals keep reinsurance sector outlook negative - A.M. Best

A.M. Best is maintaining its outlook for the reinsurance sector as negative, citing the significant, ongoing market challenges that will hinder the potential for positive rating actions over time and may translate into negative rating pressures.


XL acquires Catlin for US$4.1 bln

XL Group plc said it will offer to acquire all of the capital stock of Catlin Group Limited to form a combined business which is expected to have a leading presence in the global specialty insurance and reinsurance markets.


AIR Worldwide releases 2014 Global Exceedance Probability Curve Report

AIR Worldwide released its "2014 Global Exceedance Probability (EP) Curve" report, detailing key loss metrics (such as average annual loss and select return period losses) from AIR's global industry EP curve for AIR modelled regions and perils.


Actuarial science professor is 2015 John S. Bickley Founder's Award recipient

The International Insurance Society (IIS) has announced Dr Dan Anderson as the 2015 recipient of the prestigious John S. Bickley Founder's Award.