Articles
Insurance
Modest core underwriting margin expansion is expected in the domestic P&C insurance industry according to Keefe, Bruyette & Woods (KBW) analysts’ newly released 2Q19 P&C Industry Results report. They have updated their domestic P&C insurance industry earnings model with ISO’s recently published 2Q19 results. 15 October 2019
Insurance
Run-off specialist DARAG Group has agreed to acquire London-based non-life reinsurance company One Re, which provided reinsurance to African-based insurers for industrial property risks and engineering projects from 2015 to 2018. 18 July 2019
Insurance
US specialty insurer RLI is “off to an excellent start in 2018” with a 91 combined ratio and continued strong organic growth across much of the product portfolio, CEO Jonathan Michael commented the first quarter 2018 results. 19 April 2018
Insurance
American International Group (AIG) CEO Brian Duperreault makes his first major move to reshape AIG and position it for profitable growth. 22 January 2018
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Michael Scala as chief underwriting officer, Asia Pacific. 9 October 2018
Technology
At a time when fraudsters are making increasingly sophisticated attempts to avoid detection, insurers need to work even more effectively at detecting and preventing fraudulent claims. While this is essential at the point of claim, it is possible to save the business time, effort and money if such attempts are detected even earlier—potentially at the point of onboarding. 4 October 2021
Insurance
Nexus Group is eyeing future M&A deals to diversify and strengthen its managing general agency (MGA) portfolio after its recent acquisition and rebrand of a reinsurance treaty MGA from ZON Re, which it renamed Nexus Re, founder and executive chairman Colin Thompson told Monte Carlo Today. 13 September 2017
Insurance
Insurance group Ageas has hired a new chief financial officer (CFO) for its UK business from Aspen Insurance Group. 19 February 2019
Insurance
Everest Re Group has hired a Swiss Re executive to head up its global aerospace reinsurance unit. 5 July 2018
Insurance
Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program. 28 August 2019
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