Articles

Insurance

PartnerRe posts Q3 loss but enjoys solid growth

PartnerRe’s third quarter results were hit hard by losses from Typhoons Jebi and Trami and Hurricane Florence as well as losses on its investment portfolio though its CEO was upbeat as its non-life unit reported an underwriting profit in the first nine months of the year.   15 November 2018

Alternative Risk Transfer

Hiscox unveils reshuffle in reinsurance, ILS including hire from Ariel Re

Specialist insurer Hiscox has made three new appointments within its reinsurance and insurance-linked securities (ILS) division, including a new hire from Ariel Re.   15 November 2018

Insurance

Marsh unveils new digital broker Bluestream

Broker Marsh has launched a cloud-based digital broker platform for the affinity market.   15 November 2018

Insurance

Blockchain initiative B3i cooperates with RiskBlock Alliance

B3i, the blockchain insurance industry initiative, is cooperating with RiskBlock Alliance in the development and setting of data standards for the insurance industry.   15 November 2018

Insurance

Brexit deal’s focus on equivalence ‘unfortunate’ for insurers and brokers

The chief executive of the London and International Insurance Brokers’ Association (LIIBA) has voiced concerns regarding the draft Brexit agreement reached by the UK and European Union.   15 November 2018

Insurance

AIG rebrands legacy reinsurance unit following Carlyle Group deal

American International Group (AIG) has renamed its legacy reinsurance portfolio DSA Re as Fortitude Group Holdings (Fortitude Re) following the completion of an acquisition of a 20 percent stake in the unit by private equity firm Carlyle Group.   14 November 2018

Insurance

California wildfires to cause record losses: AM Best

Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates.   14 November 2018

Insurance

Covéa CEO resigns from SCOR board

Covéa chairman and CEO Thierry Derez has resigned from SCOR’s board of directors after SCOR CEO Denis Kessler had asked him to step down.   14 November 2018

Insurance

Enstar creates Cayman insurer following Maiden deal

Enstar is creating a Cayman Islands-licensed insurance company (the Retrocessionaire) as a subsidiary of the group following the retrocession deal with Maiden Holdings.   14 November 2018

Insurance

Willis mulls Central Asian market growth with new Kazakhstan operation

Broker Willis Towers Watson has opened a new re/insurance operation in Kazakhstan to expand its presence in what it recognises as the "key Central Asian growth market".   14 November 2018

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.