Articles
Insurance
Generali Global Assistance, a division of the Europ Assistance Group, has acquired a 100 percent stake in travel insurance managing general agent (MGA) Trip Mate from Arthur J Gallagher. 6 February 2019
Insurance
S&P Global Ratings said the less generous than expected minus 0.25 percent Ogden discount rate announced yesterday is ‘just a bump in the road’ for UK motor insurers. 16 July 2019
Awards
While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers. 19 June 2013
Insurance
Bermuda insurance group Enstar made a net loss of $16 million in the third quarter of the year compared with a net profit of $39 million a year earlier; for the first nine months, the comparable figures were a net loss of $48.9 million versus a profit of $183.9 million the year before. 8 November 2018
Insurance
Ascent Underwriting, a London-based cyber and specialty lines MGA, has hired a new head of cyber from Brit Insurance. 2 October 2018
Insurance
The collaboration has led to the RAC taking a stake in insurtech Wrisk. 19 November 2019
Insurance
Broker Aon has recorded organic revenue growth in the reinsurance solutions business of 6 percent year on year in the first quarter of 2018 after 4 percent in the same period of 2017. 4 May 2018
Insurance
The Association of Bermuda Insurers and Reinsurers (ABIR) has elected Hamilton CEO Pina Albo as its deputy chair, and added Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group to its membership. 18 July 2019
Insurance
Re/insurer AXA XL will slash 711 jobs from its European businesses as part of a major restructuring plan following its integration with the XL Group. 12 February 2019
Alternative Risk Transfer
Pool Re, the UK’s state-backed terrorism reinsurer, wants to increase the number of reinsurers willing to participate on its retrocessional placements and the number of investors willing to support its ILS programme as it cannot buy as much capacity as it would like. 10 September 2019
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