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Munich Re grows 42% at July renewals
Insurance
Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals.   8 August 2018
Revenues up at White Mountains but profits dip
Insurance
White Mountains Insurance Group enjoyed a big increase in its revenues in the second quarter of 2018 mainly driven by the additional revenues of NSM Insurance HoldCo, an insurance programme administrator it acquired for $274 million, this year. But its overall profits deteriorated.   8 August 2018
Insurance
Dutch insurance group Aegon has agreed to divest the last substantial block of its life reinsurance business to SCOR Global Life.   8 August 2018
Insurance
Hastings Group, the UK driven insurance provider, enjoyed a 5 percent growth in its gross written premiums in the first half of the year and a 22 percent growth in its operating profit.   8 August 2018
Insurance
Tropical Storm Risk (TSR) predicts 11 named storms, 5 hurricanes, and 1 major (Category 3+) hurricane between the months of June and November of 2018.   7 August 2018
Insurance
London-based insurtech start-up Blocksure has launched a new blockchain platform for the insurance industry that it claims could cut back-office cost by half.   7 August 2018
Insurance
Bermuda-based Argo Group grew its US operations by 12.3 percent year on year to $410.0 million in the second quarter of 2018.   7 August 2018
Insurance
Starr Insurance Companies has entered into an agreement to acquire the renewal rights of Aspen Insurance’s aviation business.   7 August 2018
Insurance
US-based global insurance broker AmWINS Group has hired industry veteran Robert Petrilli as president of the firm’s underwriting division.   7 August 2018
Insurance
Property/casualty insurer Chubb has appointed Raheila Nazir as cyber underwriting manager for the UK and Ireland (UK&I).   7 August 2018

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