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Insurance
Broker Willis Towers Watson said Aug. 3 that its net income dropped in the second quarter of 2017 as integration expenses and restructuring costs weighed on results. 3 August 2017
Insurance
AXA reported a better underwriting profitability in its property/casualty (P&C) business in the first six months of 2017. 3 August 2017
Insurance
CLARA Analytics, an artificial intelligence (AI) and data science company focused on the property/casualty and disability insurance industries, has raised $11.5 million of Series A funding round led by Oak HC/FT, a private equity fund that invests in healthcare information & services and financial services technology. 5 January 2018
Alternative Risk Transfer
Roman Muraviev, head of cat bonds, and Sandro Kriesch, head of private ILS, at specialist insurance investment manager Twelve Capital, take a look at recent pricing developments. 21 April 2016
Insurance
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has made a series of appointments in North America, Latin America & Caribbean and Hong Kong. 9 April 2018
Insurance
The implementation of parts of C-ROSS, the new solvency regime for China, will drive a requirement for ratings recognised in China, Ulrich Bierbaum, general manager Dagong Europe, told Baden-Baden Today. 20 October 2015
Insurance
Rate increases have tapered off since the January 2018 renewal, with lower, single-digit rate increases in the June and July renewals, according to Megan McConnell, director of underwriting London at Hiscox Re & ILS. 10 September 2018
Insurance
Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, saying it believes that earnings have settled at a “new normal”, with return on capital likely to be more modest but less volatile than before. 10 September 2018
Insurance
Re/insurer XL Catlin has promoted Angie Strack to the position of senior vice president and underwriting manager for its global risk management division's US North Central region, including the greater Chicago-area and upper Midwest. 10 March 2017
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