Articles
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
Insurance
RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year. 25 July 2018
Insurance
Israeli insurtech startup Nexar has raised $30 million in Series B funding to support its next phase of expansion while appointing new members to the executive team. 24 January 2018
Insurance
New York-based property/casualty insurer AmTrust Financial Services has denied it was the subject of an investigation by the FBI in 2014 with respect to its accounting practices initiated by complaints made by short sellers, as alleged in a Wall Street Journal (WSJ) article dated April 11. 12 April 2017
Insurance
APC Underwriting, the commercial insurance managing general agent, has acquired run-off insurer Folgate Insurance Company from the Towergate Group. 3 September 2014
Insurance
Bahrein-based re/insurer Trust Re said its profits fell to $18.8 million in 2016 from $30.8 million a year ago, driven by lower investment income. 3 April 2017
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks. 25 April 2018
Risk Management
Lloyd’s always has a strong presence at Airmic’s annual conference and this year’s online Airmic Fest is no exception. Keith Stern, UK & Ireland regional manager at Lloyd’s, told Intelligent Insurer what lies in store. 15 September 2020
Insurance
Car insurance premium cuts are speeding up and have dropped 9.1 percent year on year to an average £766 in the UK with black box technology – so-called telematics – helping to drive the fall in prices, analysis from Consumer Intelligence shows. 27 September 2018
Insurance
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission. 25 July 2017
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