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Insurance
Africa’s $6.8 billion reinsurance market is expected to recover markedly in 2018 with executives bullish about the prospects for their markets, according to annual research report Africa Reinsurance Pulse 2017. 16 October 2017
Insurance
Bermuda-based Arch Capital Group said June 6 that it expects its 2017 second quarter pre-tax underwriting income to be adversely impacted by approximately $38 million relative to the quarterly run rate level of profitability associated with its property facultative reinsurance operations. 7 June 2017
Insurance
Insurance broker and risk management firm Marsh has collaborated with professional liability specialist Validus Specialty to launch a new financial and professional insurance solution designed to manage US-based fintech companies’ growing risks. 4 May 2018
Reinsurance
JLT Re has made a number of key senior appointments in its North American business. 7 May 2015
Alternative Risk Transfer
US-based property/casualty insurer Travelers has increased its catastrophe bond coverage to take advantage of the favourable pricing environment while reducing traditional reinsurance purchase, Travelers chief financial officer Jay Benet said during the second quarter 2018 conference call. 23 July 2018
Insurance
State Auto Labs Corp., the innovation arm of the State Automobile Mutual Insurance Company, has launched a $25 million corporate venture fund to support entrepreneurs and innovations in the insurance industry. 27 September 2017
Insurance
Allianz Insurance has appointed Ibi Moghraby to the role of director, business change. 27 September 2017
Insurance
Broker Willis North America has strengthened its FINEX cyber/errors & omissions (E&O) practice with a number of key appointments. 23 September 2014
Insurance
A weakening US dollar is likely to boost earnings of global property/casualty (P&C) firms, according to a Jan. 30 Morgan Stanley note. 31 January 2018
Insurance
The property/casualty reinsurance sector will merge to end up in a similar structure as the global life reinsurance sector, SCOR CEO Denis Kessler said during a Nov. 6 S&P Global Ratings insurance conference in London. 6 November 2018
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