Transatlantic gains.
New York-based Transatlantic Holdings, parent of Transatlantic Re and
Putnam Re, increased net income by 50% to $64.7m in the second quarter of
1998, largely due to realised capital gains of $29m.
Putnam Re, increased net income by 50% to $64.7m in the second quarter of
1998, largely due to realised capital gains of $29m.
Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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