Articles
Insurance
As it readies to be taken over by The Hartford Financial Services in a deal that values it at $2.1 billion, Navigators Group posted a solid set of results and returned to profit in the third quarter of 2018. 8 November 2018
Insurance
Zurich Insurance Group posted a stable set of results for the first nine months of the year with its life business and Farmers Exchanges performing well though its CFO warned on the challenging environment it is seeing on the property/casualty side of things. 8 November 2018
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
Profits at Italian insurer Generali soared in the first nine months of 2018 boosted by a number of factors including disposals; it also enjoyed strong growth in both its property/casualty and life units. 8 November 2018
Insurance
Specialty re/insurer Brit has hired Beazley's Jeff Norton as senior vice president, cyber & technology for Brit Global Specialty USA (BGSU). 8 November 2018
Insurance
Spanish re/insurer Mapfre posted increased profits in the first nine months of the year but its revenues and premiums written were both down – something it blamed mainly on sharp currency depreciations across many of the main countries in which it operates. 8 November 2018
Insurance
Specialist re/insurance broker BMS Group has hired two senior leaders Stuart Davies and Samantha Ford in Australia. 8 November 2018
Insurance
London insurance market based consultancy r10 Consulting has entered into a strategic partnership with Alchemy Technology Services, a Northern Ireland-based insurance technology provider. 8 November 2018
News
Spanish re/insurer Mapfre embarked on an overhaul of its Global Risks business in July, which includes integrating some of the business into Mapfre Re. Eduardo Perez de Lema Holweg, chief executive and chairman of the management committee of Mapfre Re, explains the logic for the restructuring and his perspective on the industry’s health. 7 November 2018
Insurance
American International Group (AIG) has completed its acquisition of Glatfelter Insurance Group following the receipt of regulatory approvals and other customary closing conditions. 7 November 2018
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