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Liberty continues to preserve value despite challenging operating environment

Management takes active steps to address some of the shorter-term challenges   Financial Highlights Normalised headline earnings per share up 904. 5 cents Capital adequacy ratio strong at 2. 5% Normalised operating earnings down 37% Assets under management ...
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Swiss Re reports good results, with full-year net income of USD 3.6 billion for 2016; proposes new share buy-back

Swiss Re delivers a good 2016 performance with full-year net income of USD 3. 6 billion, supported by solid underwriting and a strong investment result. Net income in P&C Re was USD 2. 1 billion in 2016, despite higher large losses from natural catastrophes, including Canada wildfires, the earthquake ...
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Associated Compliance Protection of Personal Information Act Series: Part 5

Quality of Information Condition 5 of POPIA deals with the quality of the personal information collected and processed by responsible parties. The personal information must be complete, accurate, not misleading and must be updated where necessary. The quality of the personal information processed ...
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Norton Rose Fulbright and Chadbourne & Parke to combine

Combination brings together two leading global law firms US practice will have approximately 1,000 lawyers New York office will rank among the city’s 25 largest with more than 300 lawyers Washington, DC office will grow to more than 130 lawyers Global firm will ...
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Leveraging Cooperative Development for Insurance

A central theme in technology is speed. With cooperative development, another emerges — “You must be present to win. ” Insurers have an opportunity to leverage the learnings obtained by banks and securities in cooperative development. However, they must be at the table in order to ...
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From The Glossary »

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Cash Loss:

A provision in a proportional treaty which allows the ceding company to make a call on its reinsurer’s for payment of a loss, which exceeds a predetermined amount, in advance of the normal account date (usually quarterly).
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