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Insurance
Bradley will take over from Gary Woods following the AGM of April 16. 19 February 2020
Insurance
The UK government plans to raise the insurance premium tax (IPT) from 10 percent to 12 percent, doubling the tax payable by customers on general insurance policies in the past 18 months, as revealed in the Autumn Statement. 24 November 2016
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
A group of 18 US property/casualty (P&C) reinsurers has improved the combined ratio to 98.2 percent in the first nine months of 2018 from 111.9 percent in the same period a year ago, according to a survey of reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA). 26 November 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
Insurance
Willis Re has appointed Andrew Vince as deputy head of its global engineering practice. 4 May 2018
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
Provisionally agreed reforms to European financial supervision have hit the right balance between European intervention and national autonomy, according to the Association of the Luxembourg Fund Industry (ALFI). 8 April 2019
Insurance
London-based EC3 Brokers has appointed James Norris as chief actuary and Terry Holley as senior vice president in the US. 11 July 2019
Insurance
The blockchain insurance industry initiative B3i is finalising a funding round as it plans to target the commercial insurance market. 23 November 2018
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