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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
Insurance
Marsh & McLennan Agency, the middle market agency subsidiary of Marsh, acquired employee benefits consulting firm Insurance Partners of Texas. The move follows the recent acquisition of Texas-based iaCONSULTING. 8 May 2017
Insurance
Lloyd’s managing general agent (MGA) Northcourt has launched a new nuclear liability insurance facility bringing additional capacity to the nuclear insurance market. 9 February 2015
Insurance
Chubb is joining forces with insurtech Bunker Technologies to accelerate new insurance product development for a flexible working environment. 5 April 2018
Insurance
Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion. 24 September 2018
Insurance
The rush to the Latin American region is losing its allure for some reinsurers, claims James Grieves, senior vice president and regional manager of the Latin America and Caribbean region at SCOR. 9 September 2019
Insurance
Collaboration between the public and private sectors is essential to bridge the gap between the potentially insurable and the insured, according to Luis Enrique Bandera, president of FIDES. 9 September 2019
Insurance
Recent natural catastrophes are likely to have only limited impact on reinsurers as the bulk of the losses will be borne by primary insurers, according to S&P Global Ratings. 6 September 2018
Insurance
St. Maarten has joined CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), purchasing coverage for tropical cyclones, earthquakes and excess rainfall. 6 September 2018
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