Reinsurers are facing pressure from competition and are likely to find it difficult to maintain strong profitability in the next two years, Standard & Poor's has warned.
The global reinsurance industry is likely to see more mergers and the next 12 to 24 months are unlikely to see a return to the profitability of the last five years, a report from Standard & Poors' has warned.
Swiss Re saw its net income increase 11% to $2.3bn in the first half of 2015, the reinsurer's second quarter results have revealed.
Munich Re's Adrian Stevenson says the life insurance industry has three key issues to tackle if it is to truly grow the protection market.
The Budget's lack of detail on what the Diverted Profits Tax means for the reinsurance industry by Colin Graham UK insurance tax leader at PwC.
Swiss Re saw a loss of $462m on its life and health reinsurance business, which it attributed to changes in its US business.
The government is to report on progress in attracting more reinsurance business to the UK at Budget 2015, according to yesterday's Autumn Statement.
Swiss Re has reported a dramatic decrease in its life and health insurance business, its nine month figures for 2014 have revealed.
Life insurance companies and reinsurers love a bit of jargon, so what is retrocession and how do companies use it? Mick James explains
Reinsurers are facing increasing competition and need to adapt to a changing market a forthcoming publication by Standard & Poor's (S&P) will say.