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Insurance
Capsicum Re is to serve as a reinsurance broker for Arch Capital Group’s new mortgage credit risk transfer programme IMAGIN, a part of its new Washington DC-based subsidiary Arch MRT. 20 March 2018
Insurance
French reinsurer SCOR has signed an agreement with the Fédération nationale de la Mutualité Française and Matmut to acquire 100 percent of the shares of MutRé. 17 July 2017
Insurance
Everest Re Group’s profits dipped in 2018 as a result of high levels of catastrophe losses during the year but the company’s CEO said he was pleased to still make a profit and praised the diversification of the company’s portfolio. 12 February 2019
Insurance
Oxbridge Re has reported a net loss in its third quarter 2019 results, although Jay Madhu, president and chief executive officer, praised the reinsurer’s “conservative risk management underwriting focus” for helping the company “remain unaffected by the devastation” caused by Hurricane Dorian, Typhoon Hagibis and the recent California wildfires. 5 November 2019
Insurance
Commercial property MGA European Property Underwriting (EPUL), part of Global Risk Partners (GRP), has appointed Christopher Box to the role of senior underwriter for UK and European property owner risks. 16 July 2018
Insurance
The loss estimate for tropical cyclone Debbie has increased to AUD1,41 billion ($1.07 billion), according to data provider Perils. 28 June 2017
Insurance
The 16th Singapore International Reinsurance Conference (SIRC) concluded on Friday at the Sands Expo and Convention Centre. This year, the conference attracted a record number of over 1,100 delegates representing over 400 companies and 53 countries from the insurance, reinsurance and broking community. 4 November 2019
Insurance
Claims from hurricane Irma which struck Florida in September 2018 have reached $8.6 billion in the state, according to the Florida Office of Insurance Regulation. 18 April 2018
Insurance
The insurance broker merger and acquisition (M&A) activity has declined in North America in the first quarter of 2018, according to investment bank Optis Partners. 18 April 2018
Insurance
The development of spaceplanes and space ports could require a new approach for underwriters, according to a report by Lloyd’s. Under government plans, the UK could have its first space port up and running by 2018. 1 September 2014
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