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Insurance
Property/casualty insurer American Financial Group (AFG) said on Oct. 3 that it expects losses from natural catastrophes of approximately $105 million pretax and net of AFG’s reinsurance coverage for the third quarter. 4 October 2017
Insurance
Broker Jardine Lloyd Thompson (JLT) has acquired a 26 percent stake in Independent Insurance Brokers (IIB). 3 July 2014
Insurance
The sector outlook for London Market insurance remains negative for 2018, reflecting the expectation that underwriting results are likely to stay pressured despite anticipated improvements in pricing conditions, according to a Fitch Ratings report. 28 November 2017
Insurance
US insurer WR Berkley has launched its startup personal insurance platform Berkley One in Illinois, the first state of a planned national state-by-state rollout. 28 November 2017
Insurance
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings. 6 July 2017
Insurance
The natural catastrophes which struck North America represented the most important development in the non-life re/insurance sector in 2017, according to executives interviewed by Intelligent Insurer for our year-end questionnaire. 29 December 2017
Insurance
UK insurer Aviva said on Sept. 29 that it has agreed to sell its entire shareholding in its joint venture in Italy, Avipop Assicurazioni, which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a cash consideration of €265 million. 2 October 2017
Insurance
Qatar Re will support Pioneer Underwriting on Incidental Syndicate ISN 1980, operated in conjunction with Liberty Syndicate 4472, via a strategic quota share arrangement. 18 June 2014
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
Willis Towers Watson has appointed Dominique Lebel to lead its insurance consulting and technology (ICT) life business for the Americas. 14 February 2018
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