Articles

Insurance

Arch Insurance unveils new structure, key leadership changes

Bermuda-based re/insurer Arch Capital has unveiled key leadership changes while creating a new organisational structure dedicated to specific lines of business.   22 October 2018

Insurance

Allstate estimates $177m cat losses in September

US personal lines insurer Allstate Corporation has estimated catastrophe losses for the month of September 2018 at $177 million, pre-tax ($140 million after-tax).   22 October 2018

Insurance

AIG needs to regain investor confidence after cat losses: Morgan Stanley

Following multiple quarters of missed earnings, American International Group’s (AIG’s) large third quarter cat losses will further weigh on investor sentiment, Morgan Stanley said in a note.   20 October 2018

Insurance

AIG expects up to $1.7bn cat loss for Q3

American International Group (AIG) expects to report third quarter 2018 pre-tax catastrophe losses, net of reinsurance, of approximately $1.5 to $1.7 billion.   19 October 2018

Insurance

Insurtech OnRisk partners with MGA startup on P&C structuring platform

London-based managing general agent (MGA) startup Agile Risk Partners and US-based insurtech OnRisk are collaborating to develop an advanced, CAD-style platform for underwriting, structuring and distributing high-value P&C risk.   19 October 2018

Insurance

Everest Re expects $240m Q3 cat loss

Bermuda-based Everest Re Group estimates pre-tax catastrophe losses for the third quarter of 2018 of $240 million, net of reinsurance.   19 October 2018

Insurance

Cat loss drop makes Travelers Q3 results jump

Lower catastrophe losses in the third quarter of 2018 have helped The Travelers Companies to more than double the profit in the period compared to the previous year.   18 October 2018

Insurance

Everest appoints risk management, commercial casualty leader

Everest Insurance has appointed Chris McKeon to lead its risk management and commercial casualty business units.   18 October 2018

Insurance

RenRe Q3 results hit by typhoon Jebi, hurricane Florence

Bermuda-based RenaissanceRe Holdings (RenRe) estimates losses from third quarter 2018 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2018 results of operations.   18 October 2018

Insurance

Willis Towers Watson bolsters claims resolution services

Broker Willis Towers Watson has formed a new claims resolution team to expand its advocacy capabilities and facilitate efficient financial recovery for its clients in complex and contested claims scenarios.   18 October 2018

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