Articles
Insurance
Hastings Group, the UK driven insurance provider, enjoyed a 5 percent growth in its gross written premiums in the first half of the year and a 22 percent growth in its operating profit. 8 August 2018
Insurance
Nephila Capital, a Bermuda-based investment manager specializing in reinsurance risk, has received in-principle approval from Lloyd's board to form its own managing agency. 7 August 2018
Insurance
An initial public offering (IPO) of the UK closed life book business ReAssure would be credit positive for Swiss Re because it would reduce the group’s exposure to credit and market risk, according to Moody’s. 7 August 2018
Insurance
San Francisco-based insurtech startup MetroMile has entered into a strategic partnership with Tokio Marine Holdings following a $90 million investment by the Japanese property/casualty insurer and Intact Financial. 7 August 2018
Insurance
Despite AIG’s general insurance having reported an underwriting loss for the second quarter of 2018, group CEO Brian Duperreault remains optimistic that the company will be able to deliver an underwriting profit when exiting 2018. 6 August 2018
News
Berkshire Hathaway Reinsurance Group made a profit in the second quarter of 2018 as performance in both property/casualty (P&C) as well as life/health (L&H) underwriting improved. 6 August 2018
Insurance
The deal with The Carlyle Group will make it easier for AIG to divest the rest of its DSA Re legacy portfolio, AIG CEO Brian Duperreault said during the group’s second quarter earnings call. 6 August 2018
Insurance
Asian general insurer MSIG Insurance has entered into a strategic partnership with Plug and Play, a startup accelerator and corporate innovation platform. 6 August 2018
Insurance
Compass Underwriting, a specialist underwriting agency in the accident and health (A&H) market, has partnered with specialist bike insurer Bikmo to provide an accident and injury insurance product for self-employed couriers working in the gig economy. 6 August 2018
Insurance
Switzerland-based insurance platform wefox has entered the Italian market and closed a partnership with brokerage Mansutti. 6 August 2018
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