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Insurance
Reinsurance Group of America (RGA) said on Oct. 26 that it reported third-quarter net income of $227.6 million, up from $198.7 million in the same period a year ago. 27 October 2017
Insurance
The Talanx Group which includes Hannover Re and HDI said on Oct. 27 that large losses in the first 9 months of 2017 have exceeded the full year budget and that it expects to report a loss in the third quarter. 27 October 2017
Insurance
Hannover Re parent Talanx will buy 90 percent stake in Italian insurer Generali's Colombian business to further expand its presence in the Latin American region. 20 July 2017
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has expanded its specialty portfolio with the launch of a global construction division. 20 July 2017
Insurance
Insurance distributors are seeking acquisitions as this is the most viable way to grow the business, according to Conning, an investment management firm for the global insurance industry. 4 April 2017
Insurance
Insurance product and service provider Alliant Insurance has appointed Louisiana-based marine specialist Jan Nowak as first vice president to strengthen its energy and marine group. 7 March 2017
News
Munich Re and Hannover Re have embraced low margin, low volatility growth with a low Solvency II capital cost in 2018, while peers such as SCOR steer clear due to the high S&P rating capital cost, according to Jefferies analysts. 27 September 2018
Insurance
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note. 6 September 2017
Insurance
Lloyd’s has revised its net claims estimates for hurricanes Harvey and Irma downwards but it stressed that there remains a high degree of uncertainty around what the final bill might be. 24 October 2017
News
In the first half of 2017, the reinsurance sector generated returns only 1.2 percent above its cost of capital, according to a new report by S&P Global Ratings. 5 September 2017
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