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...One year on, bankers and investors still marvel that, for all that drama, the earth continued spinning on its axis, it was far from a Lehman Brothers moment....
...But Beijing is signalling that fostering an axis of autocracies does not trump the need to keep its economy on track. India cites history rather than interests to defend a non-aligned stance....
...And a giant health insurance merger in the US might catch the attention of regulators....
...The action, filed in Florida late on Monday, includes a claim that the insurers, which include the US’s AIG, Axis and Chubb, have acted in bad faith on policies covering 23 aircraft following the war in...
...Axis Re has stopped writing new property and catastrophe reinsurance business altogether. Scor is cutting back. So is Axa. A capacity crunch may already be here....
...Some reinsurers, including Axis Capital, Axa and Scor, have dropped or scaled back their exposure to natural catastrophes....
...And now the Conservatives are led by someone whose plan for the election is to go into it going, we will keep cutting public spending until we have reduced it by enough to eliminate national insurance....
...After years of volatility and growing claims, New York-listed reinsurer Axis Capital declared in June that it was getting out of the property reinsurance business, which includes natural catastrophe cover...
...The leaderboard for claims agreed and paid remained unchanged, with Covea Insurance increasing its settlement numbers to just shy of 2,500, followed by Axis Managing Agency and Allianz....
...Gladstone Place Partners has hired Marc Hazelton from AIG where he headed external communications for its life insurance and retirement business....
...Axis Managing Agency had settled and paid out in respect of 1,547 policies, and Allianz Insurance had done so for 1,459....
...AXIS Managing Agency had settled and paid out in respect of 1,547 policies, and Allianz had done so for 1,459....
...Where is the advent of insurance and central banking in the 17th century? Why are these tokens, which pay a set distribution of cash flows, that different from other exotic forms of equity?...
...This fund (ticker AXI) is a closed-end fund listed on the UK market called the Axiom European Financial Debt Fund Ltd....
...Exor, the Agnellis’ company, bought PartnerRe five years ago for $6.9bn after winning a bidding war with Axis Capital....
...The approach for PartnerRe comes as the reinsurance industry — which sells insurance to other insurance companies — is undergoing a resurgence....
...Pfizer also reduced the prices on some products, including antibiotics Zithromax and clindamycin, by over 95 per cent, according to 3 Axis Advisors....
...Only last month Ms Merkel, in an interview in the Financial Times, described the EU as Germany’s “life insurance”. Her answer to US disengagement?...
...The former included Arch Capital, Axis and Allied World. The latter included Ariel Re, Flagstone Re and Validus Re. Those two waves helped to build a critical mass of insurers in Bermuda....
...In late 2018, Kuwait signed a defence co-operation pact with Turkey, broadening its military insurance beyond its longstanding ties to the US....
...In the US, the number is only slightly higher but is still low — Dan Truman of speciality insurance firm Axis Capital puts it at about 30 per cent, thanks in part to many states’ early adoption of strict...
...Exor paid $6.9bn for PartnerRe after a sometimes acrimonious fight with Axis Capital for control of the business....
...Insurers once again bore the brunt, with Axis Capital shares down 1.4 per cent to $56.80, Everest Re shares 3.8 per cent lower at $220.81, AIG shares down 1.1 per cent to $53.21....
...Samsung’s mechanism is a “dual virtual axis hinge”, which means it does not have a single solid spine running down the centre like a door (or a Razr)....
...Shares in Axis Capital and RenaissanceRe have ticked higher this year, although both are bigger than Aspen....
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