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News

SCOR claims size allows it to better manage pricing pressure

Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge.   27 July 2018

Insurance

Aon reinsurance expands 8% organically in Q2

Aon’s reinsurance solutions increased organic revenue by 8 percent in the second quarter of 2018 compared to the prior year period, driven by net new business generation globally in treaty and strong growth in facultative placements.   27 July 2018

Insurance

Marsh restructures business to free capital for investments

Broker Marsh is “simplifying” the business structure, a move that is expected to profitability and allow for investments, management explained during the group’s second quarter 2018 earnings call.   27 July 2018

Insurance

Gallagher Q2 results boosted by brokerage

US-based broker Arthur J Gallagher has increased revenues and reported a jump in earnings in its brokerage business and in the group earnings.   27 July 2018

News

RGA’s US group business ‘disappoints’ in Q2

While the US individual mortality business bounced back in the second quarter of 2018, the US group business of life reinsurer RGA disappointed, according to CEO Anna Manning.   27 July 2018

Insurance

The Hartford P&C underwriting boosts Q2 earnings

US-based The Hartford has increased net income in its core property & casualty (P&C) business by 27 percent year on year to $383 million in the second quarter of 2018.   27 July 2018

Insurance

Tokio Marine specialty unit reveals new CEO replacing Williams

Specialist insurer Tokio Marine HCC has appointed Susan Rivera as its next chief executive officer effective Sept. 1, replacing current CEO Christopher Williams.   27 July 2018

Insurance

Munich Re hires Hennessy for US specialty expansion

Munich Re has hired John Hennessy as CEO & president of its North American underwriting platform Roanoke Group (RGI).   27 July 2018

Insurance

Insurtech Ethos partners with Munich Re, Assurity to 'rethink' life insurance

Ethos, a new digital life insurer that has recently secured $11.5 million funding led by Sequoia Capital has entered into a partnership with reinsurer Munich Re and mutual insurance company Assurity Life.   26 July 2018

Insurance

SCOR benefits from below average nat cat losses in H1

Below average natural catastrophe losses at 2.3 percent of premium has helped SCOR to deliver an improved underwriting performance in the first half of 2018.   26 July 2018

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