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Insurance
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings. 6 July 2017
Insurance
UK insurer Aviva said on Sept. 29 that it has agreed to sell its entire shareholding in its joint venture in Italy, Avipop Assicurazioni, which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a cash consideration of €265 million. 2 October 2017
Insurance
Law firm RPC has named Simon Laird as head of insurance. He succeeds James Miller in the role, who was recently elected as the new managing partner. 14 February 2017
Insurance
Bermuda-based Arch Capital has announced that its full year 2016 results saw a slight rise in profits of just two percent from its 2015 results, despite significant premium growth. 14 February 2017
Insurance
Intermediaries such as brokers or managing general agents (MGAs) need to lift their game for insurers to better understand their clients’ needs and improve their products and services based on this, said Lakshan De Silva, chief technology officer at technology firm Intellect SEEC. 19 November 2018
Insurance
Specialist insurer Beazley has appointed David Roberts to its board as a non-executive director. 25 October 2017
Insurance
The US cyber market grew significantly in 2017 with direct premiums written by US property/casualty (P&C) insurers (excluding non-US and alien surplus lines insurers) rising nearly 32 percent year over year to $1.8 billion, according to AM Best. 21 May 2018
Insurance
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a study by Juniper Research. 22 August 2018
Insurance
London & International Insurance Brokers’ Association (LIIBA) chairman Roy White has written to the UK’s prime minister Theresa May to drive attention to the fact that insurance intermediates do not have an equivalence framework in place to allow for business continuity after the UK leaves the EU. 22 August 2018
Insurance
Spain-based Mapfre has reported natural catastrophe losses of €183.8 million for 2017, of which €58.2 million were absorbed by Mapfre Re. 9 February 2018
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