Articles
News
Munich Re is expecting to generate a profit of between €2.1 billion and €2.5 billion in 2018. This slightly exceeds the guidance that the company had projected for 2017, which was initially set at between €2.0 billion and 2.4 billion. 15 March 2018
News
Munich Re has reported a loss in its property/casualty reinsurance unit of €476 million due to high levels of natural catastrophes. 15 March 2018
Insurance
Starr Companies has restructured its casualty group and made some leadership changes to tap its underwriting expertise and risk management solutions in the liability marketplace. 14 March 2018
Insurance
US-based Prosperity Life Insurance Group, a provider of protection, supplemental and asset accumulation products, has been bought by an investor group including hedge fund manager Elliott and insurance-focused private investment firm Wand Partners. 14 March 2018
Insurance
AM Best has placed the credit ratings of US health insurer Cigna Corporation and its insurance subsidiaries under review with negative implications following the firm’s plan to acquire Express Scripts Holding Company for $67 billion. 14 March 2018
Insurance
Sirius International Insurance Group is in negotiations to raise around $400 million in equity to help shoulder acquisitions and prepare for an IPO. 14 March 2018
Insurance
UK-based savings and protection products provider Prudential has grown after tax profits by 24 percent year on year ahead of the demerger of its global business. 14 March 2018
Insurance
Specialty insurer Markel Corporation has appointed Julia Chu to the newly-created position of chief global ceded reinsurance officer. 14 March 2018
Insurance
Three years after Sirius International Insurance Group was acquired by China Minsheng Investment (CMIG International), the company is rolling out ambitious growth plans and is readying itself for a potential initial public offering, Allan Waters, the company’s chief executive, tells Intelligent Insurer. 14 March 2018
Insurance
Ryan Specialty Group's (RSG) independent marine insurance consultancy and claims adjusting company Smooth Waters has entered into an engineering service agreement National Cargo Bureau (NCB). 13 March 2018
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