Articles
Insurance
The US insurance industry has only limited exposure to PG&E Corporation, the California utility whose equipment is being investigated as having a potential role in the deadly Camp Fire, according to AM Best. 21 November 2018
Insurance
Fitch Ratings sees ongoing pressure on underwriting margins and expects catastrophe claims to continue to undermine insurers’ operating stability. 21 November 2018
Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Ross Howard, chairman of JLT Re, to become vice chairman of Guy Carpenter. 21 November 2018
Insurance
Losses from the ongoing California wildfires will likely negatively impact fourth-quarter earnings of companies with material property exposure in the state, Fitch Ratings said. 20 November 2018
Insurance
Global premiums in non-life and life businesses are forecast to grow by around 3 percent annually in 2019 and 2020 while the expansion in emerging Asia will be three times higher, according to the latest Swiss Re sigma report. 20 November 2018
News
A fundamental transformation of the insurance business is under way, driven by technology and innovation, and insurers must seek to drive co-created value through global networks, says Indranil Nath of DXC Technology. 20 November 2018
Insurance
Beazley syndicate 3623 and Aegis syndicate 1225 are leading the ranking of electronic placement adoption at Lloyd’s, according to a new table published for the first time by the London Market Group. 20 November 2018
Insurance
Syndicates at Lloyd’s have accepted 29.6 percent of in scope risks through electronic placement in the third quarter of 2018, exceeding the target of 20 percent, according to the board of PPL (Placing Platform Limited). 20 November 2018
Alternative Risk Transfer
Bermuda-based AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in New Ocean Capital Management, its majority-owned asset management affiliate. 20 November 2018
Insurance
Intermediaries such as brokers or managing general agents (MGAs) need to lift their game for insurers to better understand their clients’ needs and improve their products and services based on this, said Lakshan De Silva, chief technology officer at technology firm Intellect SEEC. 19 November 2018
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