Articles
Insurance
Bermuda-based PartnerRe has revealed that it will exit the upstream energy insurance market having signed a deal to transfer its book of business to Ark Syndicate Management. 9 March 2018
Insurance
US-based Allstate Insurance Company is seeking to hire 600 executives to fill positions throughout its US Northwest region, including Washington, Oregon, Idaho, Alaska and Hawaii. 15 January 2018
Insurance
Corporate insurance rates are enjoying healthy rate hikes, which should put Swiss Re Corporate Solutions back on track after some difficult years, and reinsurance rates are seeing smaller increases—but the overall outlook for the industry is a positive one. 8 September 2019
Insurance
Italian insurers' regulatory capital positions remained strong through their transition to Solvency II (S2) in 2016, although S2 coverage ratios are exposed to volatility in sovereign bond markets, according to Fitch Ratings in its latest report on the Italian insurance market's transition to Solvency II. 15 November 2017
Insurance
Californian automaker Tesla is partnering with Liberty Mutual Insurance to offer an auto insurance plan designed specifically for its electric cars in the US, Bloomberg News reported on Oct. 13. 16 October 2017
Insurance
Lloyd’s has paid close to three quarters of a billion dollars ($738 million) in claims so far for Hurricanes Harvey, Irma and Maria, said Jon Hancock, performance management director at Lloyd’s. 16 October 2017
Insurance
The casualty business is “the sweet spot today,” WR Berkley CEO Robert Berkley said during the re/insurer’s second quarter 2018 earnings call, while noting that the reinsurance business is dragging. 25 July 2018
Insurance
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown. 21 June 2019
Insurance
Specialty insurance group Tokio Marine HCC has appointed Luc Reuter as head of surety for Continental Europe as it further expands its international surety capabilities. 24 July 2018
Insurance
Specialist insurer Hiscox has grown its retail business, helping to stabilize its 2017 results. 26 February 2018
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