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Profits plummeted at Munich Re in the second quarter of 2017 but the world’s biggest reinsurer said it was still well on track to reach its 2017 profit guidance of between €2 billion €2.4 billion. 9 August 2017
Insurance
Berkshire Hathaway Specialty Insurance Company has opened a new office in Düsseldorf, Germany, as it seeks to build its global footprint. 17 June 2016
Insurance
Even with modern flood-control structures, the risk of flood damage remains high in Japan in the aftermath of Typhoon Noru, which made its first landfall in Yakushima, an island in Kagoshima Prefecture, Japan, as a Category 1-equivalent storm, before making a second landfall near Kainan City in Wakayama Prefecture, Japan, according to catastrophe modelling firm AIR Worldwide. 8 August 2017
Insurance
The British Insurance Brokers’ Association (BIBA) has teamed up with member Marmalade to provide a young driver telematics scheme. 10 May 2017
Insurance
RFIB Holdings, the international Lloyd’s insurance and reinsurance broker, has completed the sale of a majority share in the business to Calera Capital, following the completion of all shareholder and regulatory approvals. 22 October 2015
Insurance
Property/casualty insurer The Hartford has entered into a definitive agreement to acquire Aetna's US group life and disability business for a cash consideration of $1.45 billion. 24 October 2017
News
Integro Re, the reinsurance division of broker Integro, has appointed Tara Ryan as senior vice president in Chicago. 24 July 2015
Insurance
Retrocessional rates must increase in the aftermath of big losses from the recent hurricanes and underwriters lacking the will to fight for hikes should get out of the business. 15 October 2017
Insurance
Rates in property-catastrophe reinsurance are likely to increase more than many believe in the aftermath of big hurricane losses because of the low level of equity raising and the debut of trapped capital as a major issue. 15 October 2017
Insurance
In association with Standard & Poor’s, Intelligent Insurer invited a number of senior executives from reinsurers and brokers to a roundtable discussion which tackled topics including rates, changing buying habits, growth, innovation and consolidation. 20 October 2015
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