Articles
Insurance
American International Group (AIG) reported a net loss of $3.04 billion, up from a negative $1.84 billion in the same period of 2015, impacted by a $5.6 billion prior year adverse reserve development. 15 February 2017
Insurance
Prior-year reserve releases, which have been supporting reinsurers’ profitability in the current soft market, are drying up at some reinsurers, which may help to increase rates, Munich Re chief financial officer Jörg Schneider. 9 May 2017
Insurance
Despite enduring a rough ride during the credit crisis, trade credit insurance and reinsurance are still very much in demand, as the events of 2008-09 still affect supply chains globally, Intelligent Insurer reports. 1 March 2011
News
Swiss Re blamed high levels of insurance claims from natural catastrophe events and a challenging business environment for a big slump in its profits in the first quarter of 2017 as gross written premiums at the company also decreased. 4 May 2017
News
Swiss Re offered some interesting insights into its future strategic priorities in its results covering the first quarter of 2017 as it emphasised initiatives to close so-called protection gaps in society and opportunities in Asia. 4 May 2017
Insurance
Insurtech funding in the first quarter of 2017 dropped severely compared to the same period last year as significant investments made in 2016 reach the product launch phase, according to Willis Towers Watson Securities. 2 May 2017
Insurance
Broker Lockton has hired three energy risk executives to boost its global energy practice. 6 August 2014
News
The collateralised reinsurance market in Guernsey is seeing a rise in the introduction of less modelled risks, a change in the types of contracts being requested and an increased interest in longevity risk. 20 March 2015
Insurance
XL Catlin has appointed Mike Soper as western regional leader of the company’s broker and client management team, Mark Restrepo as its underwriting director for global risk management and Lizette Junor as underwriting director of multinational casualty programs. 25 July 2016
Insurance
Cyber insurance is currently seen as one of the few growth segments in re/insurance, attracting market players perceiving it as profitable business and looking to gather data to base future underwriting on. 26 October 2016
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