Insurance companies are well placed to fill a $500bn annual gap between infrastructure investment needs and the lending available from traditional sources such as banks, according to research published by S&P RatingsDirect.
Senior industry figures are expecting more institutional investors to allocate to the ILS asset class following recent broker predictions that the catastrophe reinsurance capacity is expected to double and reach $100 billion in the next few years, the...
The insurance provider Apsley Speciality (Apsley) has joined forces with global reinsurer PartnerRe in order to launch a specialist underwriting service for the hedge fund sector dealing with AIFM requirements. The agreement between the two parties was...
Italy's Pramerica Life has launched Infinitive Convertible Term, a policy that liquidates assets in case of the subscriber's death or impeding disability.
Italy’s Unipol has received a number of offers for the assets it will be forced to sell in order to complete a three way merger with Fondiaria-SAI, expected to be completed by July 2013 and which will create Italy’s second insurer.
The handover of a report to Swedish Financial Markets minister Peter Norman into the rights of those investing and saving through the domestic life insurance industry has been welcomed by Skandia.
France's insurance group AXA is understood to be ready to bid for portfolio assets that Italian insurers Unipol and Fondiaria-SAI will be forced to sell, as part of a four-way merger under implementation between the companies.
Growth through mergers and acquisitions will be key in order to guarantee the competitiveness of Italy's insurance companies on the international stage, according to Carlo Cimbri, chief executive at Italian insurer Unipol.
Italy's Premafin Finanziaria has appointed Roberto Giay as chief executive of the holding. Giay has been head of legal and compliance at Ugf since 2003 and he is also member of Unipol's compliance board.
The number of international insurance entities licensed in Guernsey has grown by 52 during the first five months of this year, according to Guernsey Financial Services Commission (GFSC).
Intesa Sanpaolo Vita has appointed Salvatore Maccarone as chairman of the company and confirmed Gianemilio Osculati has the bank's chief executive.
Spanish insurance company MAPFRE and credit insurance group Euler Hermes have signed a joint venture to develop the credit insurance business in Spain and four Latin American countries.
Italian private equity funds Palladio Finanziaria and Sator Capital have confirmed an investment offer to the board of Fondiaria-Sai (FonSai) which will be implemented with a €800m capital increase in FonSai to support the capital shortfall at the insurance...
Luxembourg is Europe’s largest holder of investment fund assets with 26.5% of the total, a 4.7% drop since 2010 and a big blow considering its Irish rival upped its share of the industry in 2011.
French insurance outfit Groupama has dismissed Jean Azéma, chief executive of Groupama since 2000, in an attempt to reinforce the solvency of the group and improve its operational profitability.