News
Insurance
CapSpecialty, through its wholly-owned subsidiary Capitol Indemnity Corporation, has acquired the renewal rights to Rockhill Insurance Group's environmental book of business. 16 January 2018
Insurance
Japan’s Sompo is planning for a sharp increase in the profit contribution to the group from its overseas business Sompo International Holdings (SI), Mike McGuire, chief financial officer of Sompo International, said in a presentation. 10 October 2018
Insurance
Rating agency Moody's has revised the outlook of 13 insurers and six financial guarantors in Argentina to negative from stable due to concerns over their asset quality, profitability and capital adequacy, following the change in Argentine's sovereign rating. 17 July 2019
News
Insurance Australia Group (IAG), which buys one of the biggest catastrophe reinsurance programmes in the world, has again increased the size of its programme to buy some A$9 billion ($6.3 billion) of coverage for 2019 - A$1 billion more than the year before. 3 January 2019
Insurance
The US property/casualty (P&C) industry is set to post a second consecutive underwriting loss in 2017, driven mainly by catastrophe losses, according to AM Best estimates. 7 February 2018
Insurance
Jardine Lloyd Thompson Group (JLT) has hired AIG's former aerospace and marine leader Joe Trotti to become the broker’s global practice head of aviation, and join its new global specialty leadership team. 7 February 2018
Insurance
Cunningham Lindsey, the global claims management and loss adjusting firm, has appointed David Seng as chief executive for its Singapore business. 8 January 2018
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has acquired the renewal portfolio of Liberty Mutual Insurance’s US product recall and special contingency business. 1 February 2018
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
Bermuda-based Enstar Group, through its Lloyd’s managing agency StarStone Underwriting, has finalised a reinsurance-to-close transaction with AXIS Managing Agency for Novae's £840 million legacy business portfolio, according to a Jan. 29 press release. 29 January 2018
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