News

Insurance

OneBeacon placed 'under review' by AM Best due to Intact acquisition

Ratings agency AM Best has placed OneBeacon Insurance Group and its subsidiaries "under review with positive implications" following its acquisition by Intact Financial Corporation.   5 May 2017

Insurance

HCI boosts Q1 profits by cutting reinsurance costs

Florida-based homeowners’ insurer HCI reduced reinsurance purchases in the first quarter of 2017, boosting profits while price increases caused premium drop.   5 May 2017

Insurance

Willis Towers Watson collaborates on world-first coral reef insurance

Blue economy breakthrough on parametric financing will support reef restoration and local economic recovery off Mexico, Belize, Guatemala, and Honduras.   3 June 2021

Insurance

L&H insurtech attracts more financing than P&C in H1

Investors are putting more capital into life & health (L&H) insurtech ventures than in property/casualty (P&C) insurtech firms.   24 September 2018

Insurance

London Market launches delegated authority platform

The London Market Group (LMG) is launching its delegated authority platform this week as a core part of the London Market Target Operating Model (TOM).   24 September 2018

Insurance

XL Catlin adds cyber to UK casualty offering

Re/insurer XL Catlin has extended its casualty insurance offering to include a cyber solution in the UK.   12 June 2018

Insurance

Everest taps new E&S casualty leader from Chubb

Bermuda-based Everest Re Group has appointed insurer Chubb's Eric Koppang to the Everest Insurance specialty casualty team within the excess and surplus (E&S) casualty unit.   12 June 2018

Insurance

CNA hires Endurance US CEO as new chief underwriting officer

US-based CNA, a commercial insurance provider, has appointed Douglas Worman to fill the newly-created position of executive vice president and chief underwriting officer, effective from March 7.   17 February 2017

Insurance

Cyclone Friederike insured losses reach €1.63bn

The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.63 billion, according to Zurich-based catastrophe insurance data provider PERILS.   17 April 2018

Insurance

2017 cat claims and financial headwinds hit Africa Re’s results

Africa Re made an underwriting loss in the third quarter of 2018 while its investment portfolio also suffered – but its CEO said he remains positive it can produce a good underwriting profit and a commendable investment performance for the whole of 2018.   9 November 2018

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