News
Insurance
Arcus Syndicate 1856, part of Barbican Insurance Group, has expanded its team with the appointment of a specialist property treaty underwriter. 15 March 2017
Insurance
Asia Capital Reinsurance Group has appointed Hue Yann Wei as chief executive officer of its subsidiary, Asia Capital Reinsurance Malaysia (ACR Malaysia). 3 January 2018
Insurance
Hokodo, a London and Paris-based technology startup that recently partnered with reinsurer SCOR for its launch product, has raised €1.9 million in seed funding. 4 October 2018
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today. 24 October 2018
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Car insurance premium cuts are speeding up and have dropped 9.1 percent year on year to an average £766 in the UK with black box technology – so-called telematics – helping to drive the fall in prices, analysis from Consumer Intelligence shows. 27 September 2018
Reinsurance
With job placement rates for students at close to 100 percent, more must be done to increase the profile of careers in insurance, says Sean Ramlal of US Reinsurance Under 40s. 13 May 2019
Insurance
Zurich Insurance Group has appointed Mark Peters as the new head of Oak Underwriting, a UK-based high net-worth insurance specialist, which it acquired from RSA Insurance. 3 July 2018
Insurance
Data provider PERILS said on Aug. 23 that its third loss estimate for windstorm Thomas, also known as Doris, was €249 million. 23 August 2017
Insurance
Sompo Holdings said on Oct. 20 that its incurred losses from natural catastrophes in the third quarter of 2017 are estimated at ¥70 billion ($620 million) before taxes and that it is now reviewing its full-year earnings forecast. 20 October 2017
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