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Insurance
Randall & Quilter (R&Q), the insurance services and investment company, has appointed Dipesh Patel as deputy class underwriter of accident and health (A&H) at syndicate DTW1991. 1 October 2015
Insurance
Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed two senior underwriters to lead the syndicate’s planned product diversification. 26 November 2015
Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
DL Dale & Others, syndicate 2525, the specialist employers’ and third party liability Lloyd’s insurer, has poached a director from QBE. 11 August 2014
Insurance
Terrorist groups such as Islamic State have shed light on gaps in the offering of terrorism insurance which offers an opportunity to grow for some carriers. 26 December 2016
News
Munich Re will target higher profits by growing its property/casualty (P&C) reinsurance business, turning around its primary insurer ERGO, taking advantage of digitisation and by cutting costs, CEO Joachim Wenning explained during the reinsurer’s second-quarter results presentation. 9 August 2018
Insurance
The board of directors of Brazil-based bank BTG Pactual, which launched insurance and reinsurance operations in 2013, has elected Persio Arida as executive chairman and John Huw Jenkins as vice chairman. 1 December 2015
News
The RenaissanceRe (Ren Re)/Platinum Underwriters deal has split rating agency opinion, with some placing the reinsurer on ‘negative review’. 23 December 2014
News
Boosted by a slight hardening of rates on some lines and a relatively benign period of catastrophe activity, it seems many reinsurers have responded to the difficult investment environment by improving the profitability of their underwriting books. A number of reinsurers have posted healthy combined ratios for their 2012 results in recent weeks. 12 February 2013
Insurance
Many reinsurers underestimate the obstacles that often still need to be overcome when it comes to turning a positive outlook from a rating agency into an upgrade. But it is still achievable if the rating agency’s methodology and requirements are better understood. 12 September 2017
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