News
Insurance
London market broker Bishopsgate Insurance has appointed Chris Meredew as director UK and international liability, oil and gas and marine trades. 20 June 2018
Insurance
Arch Capital Group enjoyed solid growth and a return to profitability in the third quarter of 2018 as it managed to avoid the catastrophe losses that have hit the results of some of its peers. 1 November 2018
Insurance
Underwriting profits globally are likely to improve in 2018, assuming average natural catastrophe losses, as rates reacted after US and Latin America natural catastrophe losses, Swiss Re chief economist Jerome Haegeli said in the BestWeek Asia-Pacific edition. 17 July 2018
News
Insurance Australia Group (IAG) has increased its catastrophe reinsurance cover for 2020 in response to the devastating Australian bushfires that have already prompted huge insurance loss estimates. 3 January 2020
Insurance
Insurance broker Lockton has appointed Jerry Ridge as global head of marine and energy reinsurance. 28 June 2018
Insurance
Canopius is looking to re-engage with some of the former clients in the Japanese market it had prior to ownership by Sompo, chairman Michael Watson, and Asia-Pacific and MENA chief executive officer Mark Newman, told SIRC Today. 30 October 2018
Insurance
Chinese insurers are diversifying their business and product offering, which is set to lead to higher cessions to reinsurers, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told SIRC Today. 30 October 2018
Insurance
Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has closed its Series A funding round and secured a total investment of $22.5 million. 30 October 2018
News
Bermuda-based Third Point Re has seen its gross written premium (GWP) fall sharply by 82.8 percent in the third quarter of 2018 due to unsatisfactory underlying pricing, terms and conditions. 7 November 2018
Insurance
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release. 19 February 2018
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