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Lloyd’s of London’s pre-tax profit halved in the first six months of 2018 due to a lower investment return and despite an improvement in the combined ratio. 21 September 2018
Insurance
Cyber risk is now the second biggest concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to the latest results of the 2018 Travelers Risk Index complied by The Travelers Companies. 21 September 2018
Insurance
S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated). 8 August 2018
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group. 19 June 2017
Insurance
California-based Alliant Insurance has strengthened its regional expertise with the opening of new office in Louisiana, and two new hires to lead its operations. 16 August 2017
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its leadership team in Dubai with the appointment of AIG, Chubb, AXA, QBE, Allianz and Zurich executives to fill key product line and service posts. 18 September 2018
Insurance
Asia-Pacific is not yet at the same level as the US or Europe in terms of quality, high-resolution data, which creates challenges in terms of accurately pricing and underwriting risk, Jason Futers, CEO of Insurdata, told SIRC Today. 29 October 2018
Insurance
Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission. 6 September 2017
Insurance
Specialist insurer Beazley has appointed Andrew Mehrhoff as head of broker relations for its north central region in the US. 6 September 2017
News
Advances being made by insurtech will be fundamental to the industry going forward and is a key part of the strategy of broker Ed for this reason, Jonathan Prinn, group head of broking at Ed, told Baden-Baden Today. 22 October 2018
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