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Insurance
PERILS appoints Swiss Re exec as head of Asia Pacific
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney.   27 April 2017
Insurance
Material one-off Ogden rate cut hits reserves, profits but not ratings: Moody's
Motor re/insurers face a material one-off reserving hit due to the UK’s Ogden personal injury discount rate cut, hurting profitability, but ratings will remain unaffected, Moody's said.   7 March 2017
Insurance
Insurers brace for potential surprises in UK’s Spring Budget
The insurance industry worries that further levies could be included in the UK government 2017 Spring Budget to be published on March 8.   7 March 2017
Insurance
Hamilton Re acquires Sompo Canopius excess casualty renewal rights
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has agreed to acquire the renewal rights to Canopius Underwriting Bermuda's (Sompo Canopius) excess casualty insurance book of business. The transaction is expected to close mid-year.   24 April 2017
Insurance
Solid growth but changes to US GAAP hit profits at Swiss Re
Swiss Re enjoyed strong growth in the first quarter driven by its L&H Re and in Life Capital units but its profits were effected by a change in US GAAP accounting covering guidance on recognition and measurement of equity investments, which meant it took a $280 million hit to its net profit.   4 May 2018
Insurance
Aviva invests in insurtech start-up Neos backed by Munich Re
Connected home insurer Neos said that it secured £5 million in series A investment from Aviva Ventures and backing from Munich Re.   26 May 2017
Insurance
Munich Re leads $45m funding for insurtech start-up Trov
California-based insurtech start-up Trov has closed $45 million in Series D funding led by Munich Re through its venture capital arm HSB Ventures.   7 April 2017
Insurance
Veteran Stephen Catlin retires from XL Group
Stephen Catlin, the executive deputy chairman of XL Group, is retiring from the company at the end of 2017, the Bermuda-based re/insurer announced in a statement.   5 April 2017
Insurance
Swiss Re reports loss in P&C, corporate solutions for 2017
Swiss Re has posted a loss in property/casualty reinsurance and corporate solutions, with life & health helping to prevent a group loss in 2017.   23 February 2018
Insurance
Aspen profit falls in Q1 on weaker underwriting results
Bermuda-based Aspen Insurance has reported a drop in net income for the first quarter of 2017 as underwriting profitability deteriorates.   27 April 2017

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