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Lancashire back in black despite heavy Q4 losses
Insurance
Lancashire Holdings sustained heavy losses in the fourth quarter but returned to profit in 2018 and improved its combined ratio.   14 February 2019
Friese of NN Group highlights Delta Lloyd acquisition in 2018 results
Insurance
Dutch insurer NN Group saw a major net result loss in its full year results but Lard Friese, NN Group’s CEO, pointed to a positive operating result in a year that saw the integration of Delta Lloyd and a major cost reduction program.   14 February 2019
AIG’s Duperreault highlights 2018 loss reduction and forecasts growth
Insurance
Efforts to rectify issues in AIG’s core underwriting capabilities appear to be paying off as losses reduce year on year in its 2018 results, with Brian Duperreault, AIG’s president and chief executive officer, predicting the firm will “accelerate our progress in 2019”.   14 February 2019
Insurance
Bermuda re/insurer Arch Capital Group saw its income fall year-on-year in fourth quarter 2018, primarily due to the impact of catastrophic events in the year   13 February 2019
Insurance
UK terrorism mutual reinsurer Pool Re has received Parliamentary approval to cover non-damage business interruption losses in the wake of a terrorist attack.   13 February 2019
Insurance
UK-based insurtech startup Digital Risks, a digital-only insurance broker, has achieved Lloyd’s coverholder status, enabling it to cover more specialist risks and insure UK businesses that trade internationally.   13 February 2019
Insurance
Lloyd's broker and delegated authority specialist SSL Endeavour, which has merged under private investment firm JC Flowers, has reshuffled its management team. The move has led to the departure of top executives such as Karen Allen who joined the company nearly four months ago.   13 February 2019
Insurance
US-based insurer Assurant saw its 2018 net earned premiums and other income rise substantially on the back of its acquisition of The Warranty Group (TWG) in May 2018.   13 February 2019
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates.   13 February 2019
article
European insurers are well positioned to manage the disruption caused by Brexit but, warns global ratings agency S&P, any wider global downturn will bring volatility, which is likely to mean persistent low interest rates.   13 February 2019

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