Articles
Insurance
The covered agreement signed between the US and the EU has the potential to free up billions trapped in onerous collateral requirements. But UK re/insurers must remember the deal will not cover them post-Brexit. Intelligent Insurer reports. 13 October 2017
Insurance
Bermuda-based Everest Re said on Oct. 12 that it expects to incur pre-tax catastrophe losses, net of reinsurance and reinstatement premiums of $1.2 billion in the third quarter. 13 October 2017
Insurance
S&P Global Ratings said on Oct. 12 that it revised the outlook for XLIT, formerly known as XL Group and now a subsidiary of it, to stable from positive. 13 October 2017
Insurance
Bermuda-based re/insurer AXIS Capital Holdings said on Oct. 12 that it expects the total net financial impact from third quarter 2017 catastrophe losses at $578 million. 13 October 2017
Insurance
Evacuation orders in California have widened with residents of Calistoga and Geyserville now under mandatory evacuation orders as multiple wildfires exacerbated by hot, dry, and windy conditions have spread across eight counties of California, according to an Oct. 12 report by catastrophe modelling firm AIR Worldwide. 13 October 2017
Insurance
Tokio Marine Holdings said on Oct. 13 that it expects pre-tax incurred losses (net of reinsurance) attributable to Hurricanes Harvey, Irma and Maria, and the earthquakes in Mexico, of approximately ¥65.0 billion ($580 million). 13 October 2017
Insurance
XL Group’s reported preliminary third-quarter catastrophe loss estimate of $1.48 billion alleviates recent investor concerns about an outsized loss from XL and any concerns about capital raise needs, according to an Oct. 11 Morgan Stanley analyst note. 13 October 2017
Alternative Risk Transfer
US risk retention group County Hall Insurance said on Oct. 13 that it renewed its reinsurance placement through Lloyd’s of London. 13 October 2017
Insurance
Argo Group International Holdings has appointed David Higley as head of US property and inland marine. 13 October 2017
Insurance
For insurers, the effect of the US healthcare executive order signed by president Donald Trump is likely to be limited, according to research provider CreditSights. 13 October 2017
Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.