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Insurance
Lloyd’s insurer Novae Group reported a loss in the first half of 2017 following the announcement that the business will be acquired by AXIS Capital Holdings. 2 August 2017
Insurance
Insurance software solutions provider Fadata as acquired Munich-based insurance technology specialist IMPEO, along with its subsidiaries. 2 August 2017
Insurance
UK-based insurance intermediary Towergate, part of the newly-formed Ardonagh Group, has launched Geo Specialty, a London MGA (managing general agent) business with a new team of market specialists. 1 August 2017
Insurance
Property/casualty insurer Chubb has hired two former Zurich executives, Marc Scheidegger and John Latter, to bolster its regional claims team in the UK and Europe. 1 August 2017
Insurance
Now in its third year, our Influential Women in Re/insurance report remains one of our most anticipated pieces of research and extremely popular online. The nature of the report is starting to change, as are the responses given by those we profile. 1 August 2017
Insurance
Intelligent Insurer has handpicked a selection of influential women in re/insurance which are presented below. 1 August 2017
Insurance
Lower than expected increases in claims costs as a result of changes to the Ogden discount rate boosted the results of UK insurer Direct Line in the first half of 2017. 1 August 2017
Insurance
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors. 1 August 2017
Insurance
Mapfre reported substantial increases in both its direct insurance and accepted reinsurance in the second quarter of 2017, which it attributes to the performance of its Latin American businesses. 27 July 2017
Alternative Risk Transfer
As the size of its economy grows, Russia is increasingly vulnerable to the devastating effects of a big catastrophe hitting the country. To manage these growing risks, the country’s governments and insurers should consider the many advantages of using insurance-linked securities, say Kirill Savrassov of Phoenix CRetro, Clive O’Connell of McCarthy Denning, and Rom Aviv of IBI ILS Partners. 27 July 2017
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