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Insurance
The Travelers Companies has seen its net income plummet in the third quarter of 2017 compared to the same period a year ago due to the impact of nat cat losses in North America. 19 October 2017
Insurance
Bermuda-based re/insurer Validus Holdings has made several leadership appointments, reflecting an organisational change that results in three new reportable segments - reinsurance, insurance and asset management. 11 December 2017
Insurance
The ECON committee of the European Parliament has called on the European Commission to delay the implementation of the Insurance Distribution Directive (IDD). 18 October 2017
Insurance
After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches. 20 February 2019
Insurance
Hub International Limited (Hub), an insurance broker, has acquired New Dimensions Underwriters. 6 September 2016
Insurance
Everest Re Group’s insurance subsidiary, Everest Security Insurance Company, has entered into a definitive agreement with Arrowhead General Insurance Agency, a subsidiary of Brown & Brown. 10 April 2013
Alternative Risk Transfer
New risk transfer products using structures underpinned by the capital markets and particularly the insurance-linked securities (ILS) community have represented the industry’s key source of innovation in recent years, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told Baden-Baden Today. 24 October 2018
Insurance
Bermuda-based Sirius International Insurance, a global multi-line re/insurance group, has revealed several key promotions and the formation of a new management committee. 11 September 2018
Insurance
Zurich Insurance has entered into a new long-term capacity deal with Harrogate-based specialist agricultural insurer Rural Insurance. 10 October 2017
Alternative Risk Transfer
Peak Re has completed the renewal of its Lion Rock Re II sidecar. The success of this transaction, and its predecessor the year before, is a taste of things to come, says Peak Re’s Lawrence Cheng. 27 February 2020
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