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Capacity decline supports aviation sector rates
Insurance
As the renewal season approaches, the airline insurance market is showing definitive upwards movement across all business sectors, according to the latest JLT Aviation newsletter.   15 October 2018
Insurance
Whilst offering many tangible benefits to insurers, managing general agents (MGAs) are often misunderstood and can be squeezed from all sides in a soft market. II asked a number of experts in this sector how MGAs are looking to overcome these challenges.   9 January 2013
Structured deals drive growth at Hannover Re despite ‘intense competition’
Insurance
Structured reinsurance solutions drove impressive growth at Hannover Re across the first nine months of the year as it also confirmed that it anticipates a profit of more than €1 billion this year, even making allowance for a one-time charge from its life and health reinsurance business. But its CEO also warned on what he called sustained intense competition.   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
Allianz has benefited from better underwriting result in the first quarter of 2018 in property/casualty (P&C) but investment income mostly offset this improvement.   15 May 2018
Insurance
Specialist Lloyd's broker, Direct Insurance Group, has launched a managing general agency (MGA) and has hired Tony Lawrence to head it.   21 November 2014
Insurance
US insurer WR Berkley Corporation has appointed Jo-Marie St. Martin as vice president (VP) of federal government relations.   11 January 2017
Insurance
Latin America is an important part of Lloyd’s future growth strategy, according to Juan Carlos Realphe G, Lloyd’s Colombia general representative. “Lloyd’s is opening representative offices in Colombia and Mexico, providing valuable capability and expertise to local markets and across the region,” he said.   26 October 2015
Insurance
Bermuda-based AXIS Capital Holdings has agreed to pay departing chief financial officer (CFO) Joseph Henry a fee of $1.2 million for advisory services in 2018.   15 December 2017
Insurance
The US congress has passed a short-term extension to the National Flood Insurance Program (NFIP) until July 31.   26 March 2018

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