Articles

Insurance

Corporate Solutions, catastrophes drag down profits at Swiss Re in first half 2019; CEO remains bullish

Zurich-based global reinsurer Swiss Re's half year 2019 net profit fell despite strong reinsurance performance in both property/casualty and life & health segments and investment gains, due to losses stemming from natural catastrophes, Ethiopian Airlines crash, Boeing 737 MAX fleet grounding, and a large reserve charge for Corporate Solutions business.   31 July 2019

Insurance

Generali unveils new structure in Italy to create 'faster and more agile' organisation

Generali Country Italy and Global Business Lines has unveiled a new structure as part of its strategy to create a faster and more agile organisation.   31 July 2019

Insurance

AXA XL promotes Simona Fumagalli to lead European financial lines business

AXA XL Insurance has appointed Simona Fumagalli as head of international financial lines, Europe, based in Milan.   30 July 2019

Insurance

Mapfre Re reports almost 30% drop in profits in group H1 2019 results

Spanish based global re/insurer Mapfre reported modest revenue and premium growth overall in its results for the first half of 2019, but its reinsurance business Mapfre Re fared less well with a nearly 30 percent drop in net profit results.   26 July 2019

Insurance

RSA appoints Christian Coletta to lead Spanish business

RSA Insurance Group has appointed Christian Coletta as new managing director of its Spanish business with immediate effect.   26 July 2019

Insurance

Sedgwick strengthens international operations with key leadership appointments

Technology-driven risk solutions provider Sedgwick has appointed key executives to support its international growth strategy.   25 July 2019

Insurance

Reinsurer SCOR ‘delivers strong performance’ in 2019 H1 results, says Denis Kessler CEO and chair

The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO.   25 July 2019

Insurance

HDI Global Specialty acquires Swedish MGA Svedea in expansion strategy

HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has acquired alternative specialty lines managing general agent (MGA) Svedea to strengthen its position in Sweden.   23 July 2019

Insurance

Insurance investment manager Twelve Capital raises almost $400m for UCITS cat bond

Independent insurance investment manager Twelve Capital said it has raised close to $400 million in 18 months for its UCITS cat bond offering.   22 July 2019

Insurance

RSG expands products and geography by opening Barcelona office

Specialty insurer Ryan Specialty Group (RSG) has confirmed plans to open an office in Barcelona as part of an expansion strategy to grow geographically and increase its products.   22 July 2019

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