Articles
Insurance
Munich Re incurred a net loss of €1.4 billion in the third quarter of 2017 due to the impact of natural catastrophes in North America but expects “significant” market recovery. 9 November 2017
Insurance
Zurich Insurance Group posted a steady set of results for the first nine months of the year but said that it anticipated improvements in pricing now on the back of the recent heavy cat losses in North America. 9 November 2017
News
Aspen Insurance Holdings has announced that its reinsurance segment, Aspen Re, has opened a new hub for the Middle East and Africa (MEA) in Dubai. 11 April 2016
Insurance
Trump Administration’s proposed spending cuts to the Federal Emergency Management Agency (FEMA) would put lives, property and taxpayer dollars at risk, according to SmarterSafer. 17 March 2017
Insurance
The uptake of cyber insurance by UK small and medium enterprises (SMEs) has grown significantly in recent years but coverage remains low compared to other commercial products, according to research and consulting firm GlobalData. 23 March 2017
Insurance
There is no point bemoaning the lack of a truly hard market, for the reality could be that the industry’s cycle has flattened out for the long term, says Gerry Tighe at Matrix Insurance & Reinsurance Brokers. 12 November 2018
Insurance
Tractable, a London-based start-up offering an automated audit claims product, is now launching in Europe, following a partnership with North America. 31 January 2017
Insurance
AmTrust Financial Services has posted a prior year adverse reserve development of $326.9 million on a pre-tax basis for the third quarter ended September 30, 2017. 7 November 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) has completed the sale of its Lloyd's managing agency to US medical professional liability insurer Coverys, after receiving all regulatory approvals. 1 December 2017
Insurance
London market insurers performed well in the first half of 2016 and entered the second half of the year with strong balance sheets. But recent good performance conceals fundamental challenges to the market’s competitive position and prospective profitability, AM Best has said in a report. 6 September 2016
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