Articles
Insurance
The common shareholders of property/casualty commercial lines re/insurer XL Group have approved an agreement to be 100 percent acquired by French insurer AXA for $15.3 billion, to be fully paid in cash. 7 June 2018
News
While the US individual mortality business bounced back in the second quarter of 2018, the US group business of life reinsurer RGA disappointed, according to CEO Anna Manning. 27 July 2018
Insurance
UK-based insurance services provider Thomas Miller is acquiring marine consultancy Brookes Bell. 19 January 2018
Insurance
London-based reinsurance, wholesale and specialty broker Ed is to be acquired by BGC Partners, a global brokerage and financial technology company. 29 October 2018
Insurance
The recent wildfires in California will cause some $9 billion in insured losses, making them the deadliest and costliest wildfire catastrophes in California's history, according to California’s insurance commissioner Dave Jones. 13 December 2018
Insurance
The reinsurance market could see the vertiginous market pricing cycles of the past replaced with a much smoother ride, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told PCI Today. 28 October 2018
Insurance
Property/casualty (P&C) insurance sector reserve deficiency deteriorated to $4.3 billion in 2017 from $2.5 billion in 2016, according to Morgan Stanley research. 10 April 2018
Insurance
Annual expected insured losses for the severe convective storms (SCS) peril, including catastrophe and non-catastrophe events, are approaching $25 billion, higher than the hurricane and earthquake perils combined, according to a new report by Karen Clark & Company (KCC). 10 April 2018
Insurance
Specialist managing general agent (MGA) Manchester Underwriting Management has appointed Dan Cooper as claims manager. 20 October 2017
Insurance
Australia’s QBE Insurance Group is introducing a drone insurance policy in response to the rapidly expanding drone market, according to a Jan. 16 press release. 16 January 2018
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