Articles
Insurance
WR Berkley CEO Rob Berkley said during the first quarter 2018 results conference call that the situation in the reinsurance sector remains tough but that it is a core business for the firm while he currently sees better growth opportunities in the primary segment. 25 April 2018
Insurance
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings. 25 April 2018
Alternative Risk Transfer
Alternative capital has reloaded after the major nat cat events in 2017 and is in good shape to compete for cedants with the traditional reinsurance players and cause further pressure on rates, as recent market reports by Aon Benfield and Fitch Ratings suggest. 25 April 2018
Insurance
Tokio Marine Kiln (TMK) has launched a specialist intellectual property (IP) insurance offering in France, Belgium, and Luxembourg. 25 April 2018
Insurance
Specialty underwriter Markel posted a net loss of $174.8 million for the first quarter of 2018 after a net profit of $223.2 in the same period a year ago, driven by a change in accounting rules and foreign exchange losses. 25 April 2018
Insurance
Nearly half of manufacturers have been the victim of cyber-crime, and a quarter has suffered some financial loss or disruption to business as a result, according to a new report. 24 April 2018
Insurance
Bermuda-based bond insurer Assured Guaranty issued a statement criticising David Einhorn of Greenlight Capital following a short-sale presentation. 24 April 2018
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance has launched, with an initial stamp capacity of $50 million. 24 April 2018
News
The reinsurance industry emerged relatively unscathed from the heavy catastrophe losses of 2017 with its shareholders’ equity increasing and its combined ratio nowhere near as bad as in 2005 and 2011 – two most recent years severely hit by cat losses. 23 April 2018
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Ian Muress, Stewart Steel and Paul White to leadership roles for its combined business operations in the UK. 23 April 2018
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