Articles
Insurance
Czech Republic-based reinsurer VIG Re has realigned its organisational structure and management responsibilities. The changes, which it claims will drive “operational efficiencies”, are effective from April 1, 2018. 5 March 2018
Insurance
Below average natural catastrophe losses at 2.3 percent of premium has helped SCOR to deliver an improved underwriting performance in the first half of 2018. 26 July 2018
Insurance
JLT Group enjoyed strong growth in its reinsurance segment in the first halve of 2018 but its profits were hit by the costs associated with its global transformation programme, which it claims will eventually benefit the business to the tune of £40 million a year. 26 July 2018
Insurance
Re/insurer XL Catlin has partnered with US-based insurtech start-up Slice Labs, which offers cloud-based on-demand insurance for a new digital insurance solution. 26 July 2018
Insurance
Insurer Aviva has appointed Colm Holmes, currently CEO of UK general insurance, as new chief executive of its Canadian business. 17 January 2018
Insurance
United Arab Emirates-based International General Insurance Holdings (IGI) saw its combined ratio deteriorate to 103 percent in 2017, compared to 87.5 percent in 2016. 19 March 2018
Alternative Risk Transfer
The ILS capacity brings more efficient funding into the insurance market – and managing general agents (MGAs) must also take advantage of this, Grahame Chilton, CEO of Gallagher UK, told delegates at the MGAA 2018 conference in London today (July 12). 12 July 2018
Insurance
Challenging market conditions mean the re/insurance industry is poised for yet more consolidation, but transactions will become more challenging because of the smaller pool of acquisition targets, Moody’s has claimed in a new report called ‘More M&A deals as firms seek to broaden depth, scale and market relevance’. 12 July 2018
News
Munich Re has expanded the property/casualty (P&C) reinsurance business by 16 percent year on year in the first nine months of 2018 and chief financial officer Jörg Schneider is confident that this new business is of good quality. 7 November 2018
Insurance
Bermuda-based specialty re/insurer Argo has launched a new wage and hour (W&H) liability insurance cover underwritten by its professional lines team in Bermuda. 23 March 2018
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