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Insurance
Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report. 26 January 2018
Insurance
Bermuda-based Aspen expects to record an underwriting loss of approximately $245 million in the fourth quarter of 2017, according to a Jan. 25 press release. 26 January 2018
Insurance
Sompo International, a Bermuda-based specialty provider of property/casualty re/insurance has made a series of leadership appointments in the London Market, a "strategic growth area" for the company. 26 January 2018
Insurance
Losses due to wind from winter storm Friederike will range between €1.3 billion and €2.6 billion, according to catastrophe modelling firm AIR Worldwide. 26 January 2018
Insurance
Insurer CNA has strengthened the leadership of its commercial insurance unit with three appointments. 26 January 2018
Insurance
Flooding from hurricanes Harvey and Irma resulted in an estimated $69 billion to $105 billion in residential and commercial damage, according to data provider CoreLogic. 26 January 2018
Insurance
Ascent Underwriting, a specialist managing general agent underwriting on behalf of a number of Lloyd's Syndicates, has been acquired by mid-market private equity firm Preservation Capital Partners. 25 January 2018
Insurance
The chief executive of Navigators says he sees great potential for expansion in the European retail market for its specialty products. 24 January 2018
Insurance
Christopher DiSipio, CEO of AXIS accident & health (A&H), will be leaving AXIS as the Bermuda-based specialty re/insurer reorganises the business. 24 January 2018
Insurance
Bermuda-based Qatar Insurance Company (QIC) continues expanding the business to become a “global top 50 insurance group” despite a challenging 2017. 24 January 2018
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