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PERILS, the Zurich-based organisation that provides catastrophe insurance data, has released its initial loss estimate for the floods in the UK resulting from Storm Desmond. 15 January 2016
Insurance
The Indian government raised about 98 billion rupees ($1.5 billion) on Oct. 13 by selling some of its shares in the nation’s top reinsurer General Insurance Corp of India (GIC Re), Reuters reported on the same day. 16 October 2017
News
XL Group has appointed Christian Daniele as senior property facultative underwriter – reinsurance. He will be based in Zurich and will report to Alexander Galea, senior vice president and manager, property facultative. 21 January 2014
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group. 19 June 2017
Insurance
S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated). 8 August 2018
Insurance
PERILS, a Zurich-based provider of catastrophe insurance data, has joined the Singapore-based Natural Catastrophe Data and Analytics Exchange (NatCatDAX) Alliance. 28 April 2016
Insurance
P&C technical profitability remained high with a combined ratio of 92.5 percent 7 November 2019
Insurance
Insurtech veteran will help drive the company’s growth 7 November 2019
Insurance
Universal Insurance Holdings chief risk officer Jon Springer believes that the company will be able to keep its reinsurance costs in 2018 at the same level as 2017 despite record catastrophe losses last year from hurricanes and rate increases in the primary business. 1 May 2018
Insurance
Property/ casualty insurer Chubb has partnered with Grab, an on-demand transportation and fintech platform in Southeast Asia, as part of its digital strategy to meet growing insurance needs in Asia Pacific. 13 March 2018
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