Articles
Insurance
Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019. 7 June 2019
Insurance
European life insurer Athora and Netherlands’ NN Group have teamed up to acquire Dutch insurer Vivat, which was put up for sale last year by Chinese owner Anbang Group Holdings. 7 June 2019
Insurance
It is commonly believed that only a major nat cat event can end a soft market. In fact, it may be a need to significantly strengthen reserves that will deliver this outcome, Charles Manchester, CEO of Manchester Underwriting Management, told Monte Carlo Today. 12 September 2018
Insurance
Asbestos claims have caused the insurance industry a headache for many years. But just when the issue seemed under control, American International Group has increased its reserves for this liability. 1 March 2011
Insurance
Allied World Europe, part of Allied World Assurance, has launched a new onshore construction insurance line of business. 2 May 2014
Insurance
Specialty insurer Beazley plans to split its specialty lines division into specialty (casualty) and TMB (cyber / management liability), according to Jefferies analysts who welcomed the move given the differing growth profiles and profitability. 31 May 2018
Insurance
Re/insurer AXA XL has unveiled its new excess & surplus (E&S) casualty product leads in the US, including a senior hire from QBE. 12 December 2018
Insurance
Specialist insurer Beazley and Lloyd’s coverholder Risk Cooperative have partnered with blockchain technology company Bitfury to build the first blockchain-based system for crisis insurance and risk management. 2 May 2018
Insurance
WR Berkley has appointed Scott Barraclough, the president of excess and surplus lines player Admiral Insurance, as chief executive officer of Berkley Public Entity (BPE), a Berkley Company that specialises in public entities and intergovernmental pools or trusts. 26 October 2018
Insurance
US-based IAT Insurance Group has hired Donna McDermott as head of IAT Reinsurance (IAT Re) to succeed senior vice president Jim Miller who plans to retire on March 1, 2019. 19 July 2018
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