Articles
News
Qatar Re has walked away from unprofitable business but was able to find attractive replacement, allowing the Bermuda-based reinsurer to grow its gross written premiums by 8.1 percent to $1.25 billion in 2016. 24 February 2017
Alternative Risk Transfer
The ILS market is continuing to grow and evolve, says Willis Capital Markets & Advisory. 23 February 2017
News
Swiss Re’s profits plummeted in 2016 with all its business units except Life Capital fairing worse than in 2015. Yet the reinsurer also posted strong growth across the board despite warning of a toxic mixture of softening rates, slow global economic growth, continued low interest rates and political uncertainty. 23 February 2017
Insurance
Property/casualty insurer Chubb has made two senior management appointments in Europe, in its global accounts division. Suresh Krishnan and Tina Lakickas will assume their new roles from March. 23 February 2017
Insurance
France’s reinsurer SCOR is searching for opportunities to deploy its excess capital which is set to grow further through the ongoing merger of its units and is unlikely to be squeezed by a qualification of SCOR as a systemically important financial institution. 22 February 2017
Insurance
Profits dipped at SCOR in 2016 in what was an otherwise solid set of results for the French reinsurer, which continued to grow largely thanks to contributions from its Global Life unit while its Global P&C business also expanded its footprint in the US. 22 February 2017
Insurance
The Hanover Insurance Group has promoted John Fowle to the role of chief executive officer (CEO) of Chaucer Syndicates, its international member company that underwrites business at Lloyd's of London. 21 February 2017
Insurance
Increases in loss and loss adjustment expenses, driven by cat losses and higher fire and weather related losses as well as lower average premiums have driven down United Insurance Holdings’ (UPC Insurance) full year results. 21 February 2017
Insurance
Intermediary Hyperion Insurance Group has appointed Mark Johnson as CEO of its Hong Kong-headquartered specialty marine business FP Marine Risks. 21 February 2017
Insurance
UK insurer RSA has expanded its partnership with the Africa-based insurance network Globus to five more territories in the region. 21 February 2017
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