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Arch Capital Group has reported that its second quarter 2017 net income came to $173.8 million, a fall of 16 percent on the $205.6 million that it made over the same period of 2016. 28 July 2017
News
Pimco, the US-based asset management subsidiary of insurer Allianz, has launched a new property and casualty insurance-linked securities (ILS) business. 25 January 2019
Insurance
Specialist insurer Markel International has appointed David Crozier to be president of its Canada business that includes offices in Toronto, Montreal, Calgary and Vancouver. 27 March 2018
Insurance
American International Group (AIG) has rehired Mark Lyons as senior vice president and chief actuary, general insurance. 15 May 2018
Insurance
Liberty Mutual has launched a new global transaction solutions (GTS) unit to serve the growing market for mergers & acquisitions (M&A) insurance solutions. 12 September 2018
Insurance
Extraordinary Re, an insurtech company that has created a trading platform run by Nasdaq for investors to trade assets tied to insurance liabilities, is looking to roll out its offering and is launching a presence in Bermuda, according to chairman and chief executive officer Will Dove. 12 September 2018
Technology
Managing general agents are partnering with insurtech firms—a trend that could transform the sector and the very nature of MGAs, Peter Staddon, managing director of the Managing General Agents’ Association, tells Intelligent Insurer. 4 May 2018
Insurance
Bermuda’s response to tackling the COVID-19 crisis and remaining open for business has shown the island’s worth to CEOs and investors, says Bermuda Development Agency CEO Roland Andy Burrows ahead of a webinar on the topic. 15 July 2020
Insurance
Insurers have received nearly 45,000 insurance claims totalling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, according to insurance commissioner Dave Jones. 1 February 2018
Insurance
Storm Friederike is expected to increase German property/casualty (P&C) insurers’ full-year 2018 combined ratio by 1 to 2 percentage points, according to Moody’s. 31 January 2018
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