Articles
Alternative Risk Transfer
There will not be a significant movement in rates for the reinsurance industry at the end of year renewals, Ed Hochberg, chief executive officer of JLT Re in North America, told PCI Today. 28 October 2018
Insurance
The reinsurance market could see the vertiginous market pricing cycles of the past replaced with a much smoother ride, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told PCI Today. 28 October 2018
Insurance
Aon is confident about its organic growth potential as its competitor Marsh & McLennan Companies (MMC) acquires specialty re/insurance broker Lloyd Thompson Group (JLT), Gregory Case, Aon CEO suggested during the broker’s third quarter 2018 results conference call. 27 October 2018
Insurance
Changes in US corporation tax as well as an improved performance in number of lines of business including commercial lines and personal lines boosted third quarter results at The Hartford in 2018. 26 October 2018
News
Reinsurance Group of America (RGA) has reported third-quarter net income of $301.2 million, up on the $227.6 million it made in the prior-year quarter. 26 October 2018
Insurance
In North America, rates overall were up about 2.5 percent for Chubb in the third quarter of 2018, down from last quarter's 3 percent, CEO Evan Greenberg said during the insurer’s results conference call. 25 October 2018
Insurance
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million. 25 October 2018
Insurance
Bermuda-based AXIS Capital has experienced lower catastrophe losses in the third quarter of 2018, improving the combined ratio in both the insurance and reinsurance segments and allowing the group to return to profit. 25 October 2018
Insurance
Asta, a third-party managing agent at Lloyd's, has appointed Paul Jardine and Bob Stevenson to the board of Asta Managing Agency as independent non-executive chairman and independent non-executive director, respectively. 25 October 2018
Insurance
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” from “a” of Bermuda-based Lancashire Insurance Company and its affiliate in the UK. 25 October 2018
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