Articles
Insurance
Third Point Re's new CEO Daniel Malloy is "pleased" with the company's performance as he highlighted improved underwriting profitability for both the second quarter and first half of 2019. 8 August 2019
Insurance
Randall & Quilter Investment Holdings (R&Q) has issued a loss portfolio transfer reinsurance, covering workers’ compensation, product, auto, and general liability risks, for a Bermuda domiciled captive. 8 August 2019
Insurance
Insurer AIG reported “strong” income growth in its Q2 2019 results with its CEO pointing to the company’s 2017 decision to restructure its business into three units - operating under a General Insurance business unit, a Life and Retirement unit, and a standalone technology unit. 8 August 2019
Insurance
Zurich Insurance Group posted the 'best first half result in a decade' driven by underlying growth across the business and a strong underwriting performance in property & casualty. The CEO is confident that it will beat its three-year financial targets in 2019. 8 August 2019
Insurance
Hannover Re results for the second quarter and first half of 2019 show reinsurer is “well on track” to hit group net income targets of €1.1 billion for the full year, said chief executive Jean-Jacques Henchoz. 8 August 2019
Insurance
Bermuda-based Assured Guaranty has entered into an agreement to purchase all of the outstanding equity interests in BlueMountain Capital Management and its associated entities for approximately $160 million. 8 August 2019
Insurance
Bermuda-based Third Point Re has affirmed Daniel Malloy as its chief executive officer (CEO) and appointed former AIG chief financial Officer Sid Sankaran to its board of directors. 8 August 2019
Insurance
Brazil's major reinsurer IRB Brasil Re is set to acquire an 8.93 percent stake in the blockchain insurance industry initiative B3i Services for €3.5 million. 8 August 2019
Insurance
Property/casualty insurer Travelers Companies has appointed David Rowland and Daniel Yin to executive vice president and co-chief investment officer, effective immediately. 8 August 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, making it the second-lowest Q2 for issuance by volume in the past eight years, except for 2016. 7 August 2019
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