News
News
Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan. 18 October 2018
Insurance
A report from ratings agency S&P offered some succour on the widely debated topic of another global credit downturn, saying “the next crisis, if any, is unlikely to be as dramatic as in 2008-2009”. 12 March 2019
Insurance
Re/insurance broker Jardine Lloyd Thompson (JLT) has appointed Mike Mortlock as a partner within the professional indemnity team to strengthen its newly-established legal practices group. 12 May 2017
Insurance
Loss adjuster McLarens has expanded its All-Ireland casualty team with the appointment of liability adjusters Ruairi McMullin and Eoin Hanratty in Dublin. 10 November 2017
Insurance
Liberty Mutual Insurance has completed the acquisition of 100 percent ownership interest in Bermuda-based specialty property/casualty insurer Ironshore from Chinese conglomerate Fosun International. 2 May 2017
Insurance
Bermuda-based specialty re/insurer Lancashire Holdings has decided against paying a special dividend in 2017 and instead to deploy the capital in a hardening market but analysts commented that the company also faces higher retrocession rates, Bernstein analysts wrote in a note. 6 November 2017
News
Bermuda-based Athene Holding has entered into a flow reinsurance treaty with US-based Lincoln Financial Group. 4 August 2017
Insurance
Dutch insurance and asset management company NN Group has signed an agreement to sell its Luxembourg insurance business to Global Bankers Insurance Group. 7 April 2017
Insurance
Broker network Brokerslink has expanded its global construction practice with the appointment of Brian Schofield and Edouard Marron as co-practice leaders, effective immediately. 5 April 2017
Insurance
Zurich Insurance Group said that Farmers Re faced a hit of no more than $20 million in the second half from catastrophes such as Hurricanes Irma and Harvey. 4 October 2017
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