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Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue. 9 August 2017
Insurance
Bermuda-headquartered re/insurer Sirius International that specialises in accident and health (A&H) insurance has acquired International Medical Group (IMG), a provider of global medical insurance products and assistance services. 30 May 2017
Insurance
Trade bodies have welcomed the news that the US intends to sign a covered agreement with the European Union noting that it provides certainty for reinsurers on both sides of the Atlantic. 17 July 2017
article
BrokersLink, one of the world’s largest independent insurance broker networks, has changed its constitution from a not-for-profit association to a for-profit global broking company to accelerate growth and invest in enhanced multi-national client support capabilities. 17 October 2013
News
Federated National Holding Company lowered its reinsurance spend in the second quarter of 2017; the decrease was mainly due to the expiration of a Florida-only property quota share but the company did buy additional excess-of-loss reinsurance. 8 August 2017
Insurance
PartnerRe Wholesale, the wholesale division of PartnerRe, has partnered with Turkish insurer Dubai Starr. 7 April 2015
Insurance
Verisk Insurance Solutions has completed an agreement with Duck Creek Technologies that will enable Duck Creek customers to access the Verisk Data Exchange – a programme that scores drivers and can be used to determine an appropriate premium. 22 December 2016
Insurance
Risk modelling and analytics firm RMS has expanded its range of cyber models to include scenarios where cyber-attacks can cause physical damage to property. 6 April 2017
Insurance
Five years after its formation, Ryan Specialty Group started RSG Underwriting Managers Europe (RSGUM Europe) in London. Peter McKenna, managing director with oversight for RSGUM’s strategy in Europe describes to Intelligent Insurer the progress so far and his plans for the future. 20 April 2016
Alternative Risk Transfer
Alice Vaidyan crashed through several glass ceilings when she became the first woman to run an Indian state-owned insurer or reinsurer earlier this year. Having dusted herself off, she dispels the idea that women are not treated fairly in India and explains to Intelligent Insurer her plans to make GIC Re a top 10 global player. 20 July 2016
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