Articles
Insurance
Commercial pricing remains weak in 2017 while auto insurance rates continue to increase, according to the latest Moody’s annual rate change and trend survey. 3 July 2017
Insurance
Reinsurance rates deteriorated further in the July 1 renewals despite first quarter deterioration for many reinsurers’ results, according to the latest 1st View renewals report from Willis Re. 3 July 2017
Insurance
Munich Re expects around €350 million net profit for the full year of 2017 subject to fourth quarter developments but sees significant signs of improvement in the operating environment for 2018, chief financial officer Jörg Schneider suggested. 9 November 2017
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
The number of M&A insurance claims is increasing and large transactions are proving to be riskier with the average pay-out topping $20 million, according to a study of representation and warranty (R&W) claims by American International Group (AIG). 20 April 2017
Insurance
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
ArgoGlobal has announced that it will serve as a gold sponsor of the Managing General Agents’ Association (MGAA), as it looks to grow its MGA network particularly in SME and niche specialty sectors. 3 July 2017
Insurance
Randall & Quilter (R&Q), the insurance services and investment company, has completed the novation of liabilities from Cayman-domiciled Golden Rule. 24 December 2015
Insurance
QuanTemplate Technologies, a financial technology company formed by former reinsurance executives, has appointed Lauren Restell as account engineer. 23 February 2016
Insurance
American International Group (AIG) has appointed Charles Fry as head of reinsurance, operations and transformation, general insurance. 3 October 2017
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