Articles
Insurance
Saudi Reinsurance Company (Saudi Re) enjoyed a big increase in its profits in the first half of the year. 19 August 2019
Insurance
The market for re/insuring California wildfire risk remain in disarray with no consensus on what constitutes adequate rates and little comfort with the risk despite substantial updates to wildfire risk models. 19 August 2019
Insurance
Asia Capital Re has improved its underwriting discipline and is in good shape to achieve stable growth over the next two years, according to rating agency S&P Global Ratings (S&P), which has affirmed the reinsurer’s financial strength rating at ‘A-’, and maintained its outlook for the Singapore-headquartered reinsurer at ‘Stable’. 19 August 2019
Insurance
Broker Aon has appointed a new UK chairman of its reinsurance business. 19 August 2019
Insurance
Arch Insurance North America has entered into a definitive agreement to acquire insurtech managing general underwriter (MGU) Ventus Risk Management. 15 August 2019
Insurance
Challenging business conditions, coupled with cheap financing in the debt market, will continue to fuel mergers and acquisitions (M&A) activity and drive consolidation in the global reinsurance market, according to a new report from Standard & Poor (S&P). 14 August 2019
Insurance
Specialist re/insurance marketplace Lloyd's of London saw a significant increase in the use of placing platform PPL during the second quarter of 2019 with more than half of its in scope risks placed electronically. PPL board chair Bronek Masojada said the market has "genuinely adopted" e-placements and he hopes to achieve the same success in submission rates. 13 August 2019
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found. 9 August 2019
Reinsurance
Michael Pickel, CEO of Hannover Re’s German reinsurance subsidiary E&S Rückversicherung, talks rates, insurtech and Lloyd’s of London, with Intelligent Insurer. 5 August 2019
Insurance
Bermuda-based re/insurer AXIS Capital's CEO reports “strong” second quarter results were “made possible” by continuing improvement in core underwriting margins, operating return on equity of 12.3 percent, and a 6 percent growth in book value per share. 31 July 2019
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