Articles
Insurance
Beazley enjoyed solid growth in the first nine months of the year, partly driven by big increases in its property unit and average rate increases on renewal business of 3 percent; it also revealed it will cease underwriting construction and engineering business because of unsustainable rates in these sectors. 8 November 2018
Insurance
Bermuda-based Blue Capital Reinsurance Holdings reported an increase in its profits for the third quarter of the year. 3 November 2015
Insurance
Allstar Surety, the US standard and non-standard managing general agent (MGA), has partnered with Fair American Insurance and Reinsurance Company (FAIRCO) on a surety programme. 7 March 2016
Insurance
Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance. 20 September 2017
Insurance
SCOR’s MutRé acquisition has resulted in a mark-up of the value of the investment by €26 million in the first quarter of 2018, allowing the reinsurer to beat the analysts’ consensus by 24 percent, according to a Jefferies analyst note. 30 April 2018
Insurance
A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft. 18 September 2019
Reinsurance
Market participants in Asia face a multitude of challenges that are affecting the market simultaneously, making it very difficult to respond adequately to each one, Moungmo Lee, general manager, analytics, AM Best Asia-Pacific, told EAIC Today. 2 November 2014
Insurance
A court case brought by Arthur J Gallagher (AJG) against the Ardonagh group, for allegedly poaching a team of employees, has highlighted “hostile, unguarded” internal exchanges at AJG. 14 March 2019
Insurance
Swiss Re International, the Luxembourg-based subsidiary of Swiss Re Corporate Solutions, has obtained formal authorisation from the Office of the Commissioner of Insurance Hong Kong to carry on with general insurance business in or from Hong Kong. 1 September 2016
Insurance
BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 9 October 2019
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