News
Insurance
Aon has outlined the three characteristics that enable specialist insurers to “thrive, sometimes profitably, in one of the toughest property insurance markets” in Florida in the US, in a report out today (Thursday 14 February). 14 February 2019
Insurance
Lancashire Holdings sustained heavy losses in the fourth quarter but returned to profit in 2018 and improved its combined ratio. 14 February 2019
Insurance
AXA UK has made changes to its insurance leadership team following the departure of Gareth Howell, executive managing director of AXA Retail. 14 February 2019
Insurance
Property/casualty insurer Chubb has appointed Kyle Bryant to the newly-created position of head of financial lines for Continental Europe. 14 February 2019
Insurance
Re/insurer AXA XL will slash 711 jobs from its European businesses as part of a major restructuring plan following its integration with the XL Group. 12 February 2019
Insurance
Bermuda reinsurer Maiden Holdings is faced with battling a class action lawsuit, which alleges that the company and some of its former officers misled investors over the nature of underwriting and risk management controls relating to reinsurance agreements with AmTrust. 12 February 2019
Insurance
Munich Re's primary insurance unit ERGO Group is selling its non-life insurance business in Russia to RESO-Garantia as part of what it called an international portfolio optimisation strategy. 12 February 2019
Insurance
Bermuda specialty re/insurer Argo Group enjoyed strong growth and better profits in 2018 by “optimising its portfolio” and growing in lines with most “profit potential” according to its CEO. 12 February 2019
Insurance
Axa has seen a “striking” jump in the perception of climate change as the top emerging risk in its latest survey, said Hélène Chauveau, head of emerging risks at the company. 12 February 2019
Insurance
Mergers and acquisitions grew 9 percent in the global insurance sector in 2018 as insurers looked to increase their access to customers and innovation, and benefit from greater scale, according to a Clyde & Co report out today (Monday 11 February). 11 February 2019
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