Articles

Insurance

Cat losses dent PartnerRe results; CEO Clarke bullish on 2019 outlook

Bermuda-based reinsurer PartnerRe has reported losses in both its fourth quarter 2018 and full year results but its CEO Emmanuel Clarke is confident that the company will be able to deliver "solid returns" to its shareholder in 2019.   22 February 2019

Insurance

ACORD introduces data standards reinsurance toolkit

ACORD, the global standards body for the insurance industry, has launched a toolkit to support the application of data standards for global reinsurance and large commercial risks   17 August 2018

Insurance

XL Catlin boosts marine practice with Chubb and CNA hires in US

Re/insurer XL Catlin has expanded its inland marine field operations with the addition of Russell Crooks and Maria Klein in San Francisco and Baltimore, respectively.   22 June 2017

Insurance

US lawmakers progress privatisation efforts in flood programme reform

The House Financial Services Committee has passed several measures to reform and reauthorise the National Flood Insurance Program (NFIP), which is set to expire on September, 30, 2017.   22 June 2017

Insurance

China non-life margin pressure lingers: Fitch

Fitch Ratings sees ongoing pressure on underwriting margins and expects catastrophe claims to continue to undermine insurers’ operating stability.   21 November 2018

Insurance

UIB launches Colombian retail broker operation; appoints CEO

Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer.   5 April 2018

Insurance

Allstate Q1 profit jumps 42% as claims drop

US-based personal lines property and casualty insurer The Allstate Corporation benefitted from a decline in auto accident frequency and lower catastrophe losses in the first quarter of 2018.   2 May 2018

Alternative Risk Transfer

ILS market is safe from hurricanes

The insurance-linked securities market won’t be badly hit by the sudden surge in hurricane activity in recent weeks, according to Paul Schultz, chief executive officer at Aon Securities.   20 October 2016

Insurance

Langhorne Holdings appoints COO, Bermuda CEO

Langhorne Holdings has appointed Craig Fowler as CEO of its Bermuda-based underwriting platform Langhorne Reinsurance.   7 March 2018

Insurance

HDI to launch A&H offering in the UK with Sompo hire

German industrial lines insurer HDI Global has unveiled plans to launch a new accident & health (A&H) department for the UK and Ireland.   5 February 2018

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