Articles
Insurance
Insurance, claims and regulatory service provider Davies Group said on Sept. 15 that it is acquiring specialist insurance and professional services provider Ambant. 15 September 2017
Insurance
Qatar Insurance Company (QIC) has reported a small increase in its profits last year but a big hike in its gross written premiums driven by its continued geographical expansion. 21 January 2016
Insurance
In North America, rates overall were up about 2.5 percent for Chubb in the third quarter of 2018, down from last quarter's 3 percent, CEO Evan Greenberg said during the insurer’s results conference call. 25 October 2018
Insurance
Xchanging, the business technology and services provider, and Total Objects, its recently acquired specialist insurance and software provider, have launched a new service called BinderCloud 360, targeted at the London Insurance Market, for all stakeholders involved in the processing of delegated underwriting authorities. 15 May 2015
Insurance
Property/casualty insurer Chubb has appointed Mike Berry to serve as head of surety for Europe, and Jamal Griffith as head of surety for the UK and Ireland. 7 September 2018
News
P&C reinsurance buyers said they expected reinsurance prices to remain flat or fall slightly during 2019, reflecting intense competitive pressure amid increased take-up of alternative capital and abundant total capacity, according to a Moody’s survey. 7 September 2018
Insurance
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” of Spain-based Mapfre Re. Mapfre Re is a subsidiary of Mapfre, the non-operating holding company of the Mapfre group. 7 September 2018
Insurance
Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states. 23 October 2018
Alternative Risk Transfer
Allianz Global Corporate & Specialty (AGCS), Allianz group's specialist corporate insurer, will cease underwriting long tail risks in Australia and close its operations in New Zealand with effect from September 2019, following a "strategic review" of the business. The decision has led to the departure of its Pacific CEO Willem Van Wyk. 4 July 2019
Insurance
Aviation insurers must be prepared to sacrifice market share if they are to achieve a return to profitability, Patrick Cove, head of global aviation at Sompo International Reinsurance, told Baden-Baden Today. 23 October 2018
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