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Insurance
Integro poaches Chubb exec for marine practice
Integro Insurance Brokers has hired Stephen Feron from Chubb to serve as a senior vice president in its marine practice.   22 December 2017
Insurance
AXIS outlook revised to negative due to insurance operations
AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release.   19 February 2018
Insurance
Currency depreciation hits growth at Mapfre but profits up
Spanish re/insurer Mapfre posted increased profits in the first nine months of the year but its revenues and premiums written were both down – something it blamed mainly on sharp currency depreciations across many of the main countries in which it operates.   8 November 2018
Insurance
Property pricing expected flat to +5% post recent NA hurricanes
Insurance intermediary Brown & Brown is cautiously optimistic in property pricing, seeing pricing developments flat (admitted markets) to +5 percent (excess & surplus markets) post recent hurricanes, according to a Morgan Stanley Oct. 17 analyst note.   19 October 2017
Insurance
Beazley’s Horton praises US growth to balance earnings drop
Beazley CEO highlights growth in US business and rise in gross premiums written in 2018 results despite depressed earnings as challenging market conditions take their toll.   7 February 2019
Insurance
Aspen Q4 2018 results hit by natural catastrophe losses
Catastrophe losses drove a net loss of $147 million at Bermuda-based Aspen Insurance Holdings, which is to be acquired by alternative investment manager Apollo in a $2.6 billion deal signed in August 2018.   7 February 2019
Insurance
IAG considers options for Asia operations
Insurance Australia Group (IAG) is reviewing its Asian operations after running out of buying opportunities, according to a Reuters Feb. 14 report.   14 February 2018
Insurance
Argo renews Harambee Re deal
Specialty re/insurance underwriter Argo Group has renewed the coopertion with Harambee Re as Argo’s sidecar reinsurer for 2018.   15 January 2018
Insurance
Barbican hires Standard Syndicate exec for financial lines unit
Barbican Insurance Group has bolstered its financial lines division with the addition of a class underwriter for directors & officers (D&O) liability insurance, joining the business from Standard Syndicate 1884.   13 March 2018
Insurance
Rates force Beazley to shrink reinsurance unit in first nine months
Beazley enjoyed strong growth overall in the first nine months of 2017 but its reinsurance division shrank as the company reduced it because of continued rate decreases – a trend it expects to reverse on cat business, at least, because of the recent heavy losses in North America.   9 November 2017

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