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CATCo chairman expects further rate declines at 2019 January renewals
Alternative Risk Transfer
The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals.   20 August 2018
Insurance
Equity analysts from Jefferies have praised the significant cyber and casualty at specialty insurer Beazley in 2017.   28 February 2018
Insurance
US-based Ryan Specialty Group has completed the sale of its UK insurance services and claims management subsidiary Ryan Direct Group (RDG) to newly-formed holding KIRS Group.   23 June 2017
Insurance
Insurance broker Lockton has expanded its construction services group with the addition of Brian Driscoll to its operations in Boston.   15 August 2017
Insurance
Michael Campo, who was formerly overseeing Lockton Companies’ construction practice, has joined IMA, a US-based insurance broker specialising in property/casualty insurance, employee benefits, surety and bonds.   15 August 2017
Insurance
Two of the major rating agencies have reaffirmed the financial strength rating of Asia Capital Re in the aftermath of its parent, ACR Capital Holdings, being acquired by Chinese investment companies Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings.   16 December 2016
Alternative Risk Transfer
Mid-year catastrophe reinsurance renewal rate increases are lagging January 1 hikes, notwithstanding mid-year's higher prevalence of loss-impacted accounts and hurricane Irma's continuing modest loss "creep," according to KBW.   25 May 2018
Insurance
American International Group (AIG) CEO Brian Duperreault makes his first major move to reshape AIG and position it for profitable growth.   22 January 2018
Insurance
The London Market Group (LMG) said on Aug. 8 that it introduced an online service that converts the contents of a paper Market Reform Contract (MRC) – the policy wording – into consistent electronic data that can then be ingested by the carriers’ own systems.   8 August 2017
Insurance
Specialist insurance and reinsurance market Lloyd's reported pre-tax profits of £1.22bn for the first half of 2017, down from £1.46bn for the same period in 2016.   28 September 2017

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