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Re/insurers face better rates and disruption in 2018
Insurance
After an eventful 2017, Intelligent Insurer questioned 16 senior executives representing all corners of the re/insurance industry about their highs and lows of 2017 and their wishes for 2018. Here, we reveal their responses to the question: what will be the biggest developments or topics you expect to be prominent in the industry in 2018, and why?   22 December 2017
Insurance
Tokio Marine, the holding company of Tokio Marine & Nichido Fire Insurance, which owns Tokio Millennium Re, has boosted its net income attributable to its parent company by 69.6 percent year-on-year in the second quarter (July-September) to ¥155.2 billion ($1.4 billion) and raised its full year targets.   18 November 2016
Insurance
UK Insurance broker Jelf has announced that its shareholders have approved the acquisition of the firm by Marsh and McLennan Companies (MMC).   30 October 2015
Insurance
HDI Global, the industrial insurer of the Talanx group, wants to expand outside its home base Germany despite a significant drop in profits in 2017 due to natural catastrophes.   26 March 2018
Insurance
The Property Casualty Insurers Association of America (PCI) elected new officers to its Board of Governors during its annual meeting.   17 October 2017
Insurance
AIG Europe has entered into an agreement with Ascot Underwriting and other partners to launch a joint venture to serve UK’s high net worth (HNW) insurance market.   29 June 2016
News
Cooper Gay Swett & Crawford (CGSC), the global wholesale, underwriting management and reinsurance broking group, has said it will look to sell its North American business unit, CGSC North America.   16 November 2015
Insurance
AM Best has expanded its managing team for the Asia-Pacific region by appointing former Lloyd’s executive Jose Ribeiro as managing director and Qatarlyst CEO James Sutherland as commercial director.   21 January 2016
Insurance
The use of managing general agents (MGAs) has increased in response to tough market conditions and the changing business model of the re/insurance industry. Below, Intelligent Insurer profiles 50 of the leading MGAs by turnover, comparing year on year pre-tax and operating profit.   7 May 2015
Insurance
Xuber, the insurance software business of Xchanging, has provided a digital platform to Castel Underwriting Agencies that enables it to provide and manage services for its portfolio of underwriting cells on a single system.   24 August 2016

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