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Insurance
Heightening merger and acquisition (M&A) activities and rising pricing are tailwinds to P&C stocks, according to Morgan Stanley analysts.   2 March 2018
US P/C insurers report jump in profits
Insurance
Private US property/casualty insurers reported a $4.7 billion net underwriting gain in the first nine-months of 2018, a sharp turnaround from a $21.0 billion net underwriting loss a year earlier, according to data by Verisk unit ISO and the American Property Casualty Insurance Association (APCI).   17 January 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired retail insurance broker GPL Assurance in Quebec to further expand and diversify its footprint in Canada.   4 August 2017
Insurance
IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new management liability business unit. It will be led by John Passaro who brings more than 28 years of experience in the insurance industry, including extensive experience with management and professional lines.   16 October 2019
Insurance
Munich Re is offering auto-underwriting expertise and software that it claims can save mid-tier insurers time and money.   16 October 2019
Insurance
Spanish based global re/insurer Mapfre reported modest revenue and premium growth overall in its results for the first half of 2019, but its reinsurance business Mapfre Re fared less well with a nearly 30 percent drop in net profit results.   26 July 2019
Insurance
French insurer AXA and managed general agency (MGA) Gresham Underwriting (GUL) have entered into a three-year partnership under which AXA will provide £20 million of capacity.   17 April 2018
Insurance
Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company.   17 April 2018
Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM.   17 April 2018
Insurance
The executive has provided risk and insurance advice to Scottish firms across all industry sectors.   20 March 2020

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