Articles
Insurance
The July drought and wildfires in Europe are likely to result in a minimum of €3.5 billion economic loss, according to the latest Aon catastrophe report. 10 August 2018
Insurance
Japan-based Sompo Holdings has recorded lower underwriting income for its first quarter of the 2018 financial year (April-June). 10 August 2018
News
AM Best has placed under review with negative implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Oman Reinsurance Company (Oman Re). 10 August 2018
Insurance
Japan-based Tokio Marine Holdings reported ordinary profit of ¥138.06 billion ($1.24 billion) for the first quarter of its 2018 financial year (April-June), up 11.7 percent year on year. 10 August 2018
Insurance
Haven Life, a life insurance startup backed and wholly owned by MassMutual, is acquiring Boston-based online insurance broker Quilt to expand into new product offerings. 10 August 2018
Insurance
Hannover Re grew gross written premium in property and casualty (P&C) reinsurance by 19.2 percent year on year to €6.47 billion in the first half of 2018. 9 August 2018
Insurance
Zurich Insurance Group’s property & casualty (P&C) operations benefitted from an improved underwriting performance in the first half of 2018. 9 August 2018
Insurance
Specialist insurer Hiscox has partnered with London-based artificial intelligence (AI) startup Eigen Technologies to automate multiple internal processes at the firm by launching two pilots. 9 August 2018
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
Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018. 9 August 2018
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