News
Insurance
A mid-June storm affecting parts of Saskatchewan and Manitoba resulted in more than C$90 million ($68.4 million) in insured damage, according to data from Catastrophe Indices and Quantification. 23 July 2018
News
Reinsurance broker and consultant JLT Re and CX Insurance Services have announced a new partnership for the launch of CXIS’s P&C retention and policy growth programme. 10 November 2017
Insurance
Against a backdrop of intense competition hindering the industry's ability to raise prices, the outlook for the French property and casualty insurance sector is negative, according to a Moody's Investors Service report, published November 29. 29 November 2017
Insurance
Specialty insurer Markel International has completed the acquisition of EC Insurance (ECIC), having received approval from the Prudential Regulation Authority. 29 November 2017
Insurance
Specialist insurer Beazley has appointed Andrew Mehrhoff as head of broker relations for its north central region in the US. 6 September 2017
Insurance
Italian insurer Generali has entered into a share purchase agreement with Life Company Consolidation Group (LCCG) to sell its entire shareholding in Generali Worldwide Insurance Company and Generali Link. 19 July 2018
Insurance
Property/casualty insurer American Financial Group (AFG) said on Oct. 3 that it expects losses from natural catastrophes of approximately $105 million pretax and net of AFG’s reinsurance coverage for the third quarter. 4 October 2017
Insurance
Bermuda-based Arch Capital Group said June 6 that it expects its 2017 second quarter pre-tax underwriting income to be adversely impacted by approximately $38 million relative to the quarterly run rate level of profitability associated with its property facultative reinsurance operations. 7 June 2017
Insurance
Africa’s $6.8 billion reinsurance market is expected to recover markedly in 2018 with executives bullish about the prospects for their markets, according to annual research report Africa Reinsurance Pulse 2017. 16 October 2017
Insurance
Insurance broker and risk management firm Marsh has collaborated with professional liability specialist Validus Specialty to launch a new financial and professional insurance solution designed to manage US-based fintech companies’ growing risks. 4 May 2018
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