News
Insurance
Global reinsurers' earning volatility will intensify if annual natural catastrophe claims keep moving toward levels that are closer to the long-term average, S&P Global Ratings said on Aug. 14. 15 August 2017
Insurance
Pioneer Special Risk has launched a new coverage option for specialty contractors to protect them against new risks arising from environmental and pollution damage. 15 August 2017
News
The market for managing general agents (MGAs) is sprawling with new concepts, ideas, and projects. 14 August 2017
Insurance
Agency captives can offer agents and brokers the opportunity to earn underwriting profits previously retained by the insurance carrier, and align the interests of the agent and carrier regarding risk selection, pricing and loss control. 10 August 2017
Insurance
There are a number of actions captive owners can take to expand and add more risk to their captives in order to make it a bigger and better tool – and there are every more sophisticated methods of figuring out the costs of any particular risk the owner is worried about. 9 August 2017
News
Profits plummeted at Munich Re in the second quarter of 2017 but the world’s biggest reinsurer said it was still well on track to reach its 2017 profit guidance of between €2 billion €2.4 billion. 9 August 2017
News
Bermuda-based Third Point Reinsurance has announced top leadership changes within the company in an Aug 8 United States Securities and Exchange Commission (SEC) filing. 9 August 2017
Alternative Risk Transfer
Mapfre Global Risks, the unit of Spain’s insurance firm Mapfre that specialises in providing insurance solutions for multinationals, has appointed Kieran Wilson as energy underwriter as part of its international growth strategy in London. 9 August 2017
Insurance
Travel insurance provider Generali Global Assistance, part of the global Generali Group, has hired Tarik Ajami as general counsel and chief compliance officer of all Generali business lines in North America. 9 August 2017
Insurance
Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue. 9 August 2017
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