Articles

Insurance

California wildfires set to impact insurers in Q3

The California wildfires could noticeably impact exposed insurers' third quarter 2018 earnings results, according to Keefe, Bruyette & Woods (KBW) analysts.   30 July 2018

Insurance

DARAG secures €260m capital for global growth

DARAG, a European legacy acquirer owned by Keyhaven Capital Partners, has secured an equity funding of up to €260 million to support growth plans for the business.   30 July 2018

Insurance

Hartford CEO seeks acquisitions in commercial, specialty

The Hartford Financial Services Group CEO Chris Swift is seeking acquisitions in the specialty and commercial spaces while de-emphasizing share buybacks.   30 July 2018

Insurance

California's deadliest current wildfire gets larger

California's deadliest current wildfire is getting larger, officials warn, despite thousands of firefighters battling it, in what is described as the worst start to the fire season in 10 years, according to a July 30 BBC News report.   30 July 2018

Insurance

Starr hires head of international accident & health

Starr Insurance Companies has appointed Santiago Mora as head of international accident & health.   30 July 2018

Alternative Risk Transfer

Higher rates boost Hiscox H1 results

Bermuda-based Hiscox has benefitted from rate increases in the first six months of 2018 but the specialist re/insurer warns that the momentum is slowing down.   30 July 2018

Insurance

RSG acquires ARC Specialty Brokerage assets

Ryan Specialty Group (RSG) is acquiring certain assets of ARC Specialty Brokerage (ARC Specialty), the property/casualty (P&C) division of ARC Excess & Surplus.   30 July 2018

Insurance

Partner Re Q2 P&C earnings impacted by lower reserve releases

Bermuda-based PartnerRe has reported lower non-life underwriting profit for the second quarter of 2018 compared to the same period a year ago due to a reduction in prior-year reserve releases.   28 July 2018

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

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