Articles
Insurance
Bermuda-based AXIS Capital has experienced lower catastrophe losses in the third quarter of 2018, improving the combined ratio in both the insurance and reinsurance segments and allowing the group to return to profit. 25 October 2018
Insurance
Bermuda-based Aspen Insurance Holdings has reduced its loss in the third quarter of 2018 as the company experienced a lower catastrophe impact. 25 October 2018
Insurance
Florida-based Universal Insurance Holdings is passing the expected $300-350 million gross losses and loss adjustment expenses from hurricane Michael almost entirely to its reinsurance panel. 25 October 2018
Insurance
Property/casualty insurer Chubb has named Keith Higdon as president of ESIS, the company's risk management solutions division, and Joe Vasquez as new head of global accident and health insurance business. 25 October 2018
News
SCOR enjoyed a return to profit in both the third quarter of this year and the first nine months of 2018 while growth was also solid in all parts of the business. 24 October 2018
Insurance
Chubb’s net profits soared in the third quarter reaching $1.2 billion in the period compared with a net loss of $70 million in the same period a year earlier, when it was hit by multiple natural catastrophes. Its combined ratio for the period was 90.9 percent compared with 110.8 percent in the same period a year earlier. 24 October 2018
Insurance
Bermuda-based AXIS Capital Holdings has bolstered its board of directors with the appointment of a senior executive from Deutsche Bank. 24 October 2018
Insurance
Re/insurers must make it their priority to better understand cyber risk and absorb more of this liability—serving a vital role for society and generating growth for the industry in the process, Doris Höpke, member of Munich Re’s board of management, told Baden-Baden Today. 24 October 2018
Insurance
Property/casualty insurer Liberty Mutual Insurance is undertaking a strategic review of its London-based Pembroke Managing Agency, which came into its portfolio when it acquired lronshore in May 2017. 23 October 2018
Insurance
Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states. 23 October 2018
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