Articles

Insurance

Insurtech Quantemplate secures funds for expansion, appoints CEO

Insurtech firm Quantemplate has received £2.5 million of new capital to accelerate its expansion plans while appointing David Lundgren as CEO and board director.   12 December 2017

article

Reinsurance market to remain negative into 2015

The significant rate declines seen in the reinsurance market, especially in property catastrophe lines, are set to continue into 2015.   29 August 2014

Insurance

SCOR improves rates by 3% at January renewals

French reinsurer SCOR improved risk-adjusted pricing by 3 percent at the January 2018 renewals compared to 2017.   8 February 2018

Insurance

Willis faces securities class action suit over Towers merger

Law firm Bernstein Litowitz Berger & Grossmann has filed a securities class action lawsuit on behalf of its client Cambridge Retirement System against Willis Towers Watson, according to a Nov. 22 press release.   23 November 2017

Insurance

Sompo prepares for global top 10 spot

Sompo Holdings plans to grow its business organically and through acquisitions in order to become a top 10 global insurance group in terms of earnings and return on equity (ROE) after 2020.   12 December 2017

Insurance

The Hartford personal lines leader steps down after 30 years

The Hartford, a US-based property/casualty insurer, has appointed Stephanie Bush to lead personal lines, replacing Ray Sprague, who is retiring after a 30-year career with the company.   12 December 2017

Insurance

Insurers on UK '17 Budget: investment plan well received but taxes remain an issue

Insurers have welcomed the investments included in Chancellor Philip Hammond’s Spring Budget announced today,March 8, 2017, but the Insurance Premium Tax remains an issue for the industry.   8 March 2017

Insurance

SCOR posts steady growth in first nine months but cat events hit profits

Profits at SCOR fell in the first nine-months of 2016 thanks to a higher number of natural catastrophes and a challenging macroeconomic environment.   27 October 2016

Insurance

Insurers moving little personnel out of the UK in Brexit move

Insurers based in the UK are creating new entities in the EU to ensure access to the market after Brexit, but the move is set to involve low numbers of staff, Standard & Poor’s suggested in a May 16 briefing in London.   17 May 2017

Awards

Best Rating Agency winner: AM Best

Taking the top spot with 7.11, rating agency AM Best was closely followed by Standard and Poor’s with 6.90 and Moody’s with 6.33.   14 September 2014

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