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The Covered Agreement between the EU and the US makes these markets more attractive for reinsurers from the opposite side of the Atlantic, increasing competition and therefore adding pressure on pricing and conditions. 20 January 2017
Insurance
ACE posted solid results in the second quarter of 2014 but while its overall net premiums written increased, the reinsurance part of its business shrank slightly, compared with the same period a year earlier. 23 July 2014
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Henning Haagen as the Northeast Zone executive for North America in addition to his current role as global head of aviation. 19 January 2017
Insurance
Insurer Ironshore has announced that Antares Syndicate 1274 at Lloyd’s will join as a subscribing insurer for Iron-Starr Excess Agency. 7 April 2016
Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
A number of Lloyd’s Syndicates and high-profile reinsurers including Allied World, Amlin, Aspen, Hannover Re, Munich Re and PartnerRe could face claims as a result of the fire that has engulfed a 24-storey block of flats in London today (Wednesday June 14). 14 June 2017
Insurance
US Risk Insurance Group, a specialty lines underwriting manager and wholesale broker, has acquired American Underwriting Managers (AUM). 15 January 2016
Insurance
The impact of the low interest rate environment has yet to test the robustness of both life and non-life re/insurers as the effect slowly trickles down on companies’ balance sheets, increasingly impacting results, according to Moody’s. 28 April 2017
Insurance
A major challenge posed by insurtech is how to achieve innovation and improvement in a highly regulated sector, Andrea Best, a London-based partner at law firm Drinker Biddle and Reath, told Baden-Baden Today. 25 October 2017
Insurance
Global specialty insurance firm Lancashire Holdings has appointed Peter Clarke as its new chairman. 5 May 2016
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