Articles
Insurance
Hannover Re has expanded the premium volume in traditional property/casualty (P&C) reinsurance by 12.7 percent, according to a Feb. 7 press release. 7 February 2018
Insurance
Hamilton Insurance is eyeing opportunities in the US small commercial market. This generates some $150 billion in premiums but, as a fragmented market with no dominant players, it is ripe for transformation, according to Pina Albo, chief executive of Hamilton Insurance Group. 28 October 2018
Insurance
Parts of the US commercial insurance market are archaic and ripe for technology-driven change, with many players keen to embrace anything that makes their businesses more cost-efficient, Jason Keck, chief executive officer and co-founder of insurtech startup Broker Buddha, told PCI Today. 28 October 2018
Insurance
Specialty re/insurer Argo Group International Holdings is establishing a standalone underwriting business to pursue the growing construction sector. Jim Cornwell, senior vice president, will lead the new operation. 12 June 2018
Insurance
Total net earnings for Berkshire Hathaway Inc were up in the second quarter of 2019 and in the half year compared to 2018 but the firm’s reinsurance group reported significant pre-tax underwriting losses. 5 August 2019
Insurance
UK-based insurer Aviva said on May 25 that it will start a share buy-back of its ordinary shares for up to a maximum consideration of £300 million. 25 May 2017
Technology
AI offers the opportunity to boost the skills and value of underwriters as it ‘rides sidecar’ to people, providing on the job learning, says Richard Hartley, CEO of insurtech Cytora. 21 May 2020
Insurance
AM Best is revising its outlook on the commercial lines segment of the US property/casualty industry to stable from negative for 2018, citing an embedded change in the sophistication of the segment’s pricing and underwriting infrastructure and the segment’s resilience amid a variety of macroeconomic and insurance market issues in recent years. 4 January 2018
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today. 24 October 2018
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business. 26 July 2018
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