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Insurance
Mutual insurance company AEGIS is expanding the stamp capacity for Syndicate 1225 by 21 percent year on year to £400 million in 2018 to “take advantage of opportunities,” the company said. 26 February 2018
Insurance
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent. 16 November 2017
News
Brian Ingle will lead the analytics team for Willis Re North America following Alice Underwood’s appointment as head of risk consulting and software (RCS) business, the company announced today. 30 June 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) has sold the entire issued share capital of its Norwegian service company R&Q Triton to Gabler. 30 June 2017
Insurance
Deal values across property/casualty (P&C) and life insurance are expected to more than double in 2018, marking the second-busiest year since 2005, according to S&P Global Market Intelligence. 9 October 2018
Insurance
Italian insurer Generali has set up a new branch in the Grand Duchy of Luxembourg dedicated to the employee benefits business. 29 May 2018
Insurance
Cayman Islands-based Greenlight Re reported a loss for the fourth quarter of 2017, driven primarily by reserve strengthening and an investment loss. 21 February 2018
Insurance
Covéa chairman and CEO Thierry Derez has resigned from SCOR’s board of directors after SCOR CEO Denis Kessler had asked him to step down. 14 November 2018
Insurance
Bermuda-based financial guaranty insurance provider Assured Guaranty filed an adversary complaint against the Commonwealth of Puerto Rico, the financial oversight and management board for Puerto Rico (Oversight Board), Puerto Rico governor Ricardo Rosselló Nevares and others. 24 May 2018
Insurance
S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings. 20 August 2018
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