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Insurance
AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release. 19 February 2018
Insurance
Commercial re/insurer WR Berkley Corporation said on Oct. 4 that it expects catastrophe losses attributable to Hurricanes Harvey, Irma and Maria and the earthquakes in Mexico to be less than $110 million, before tax, or $72 million, after tax. 5 October 2017
Insurance
Insurance intermediary Brown & Brown is cautiously optimistic in property pricing, seeing pricing developments flat (admitted markets) to +5 percent (excess & surplus markets) post recent hurricanes, according to a Morgan Stanley Oct. 17 analyst note. 19 October 2017
Insurance
Homeowners' re/insurance provider HCI Group has appointed Karin Coleman to executive vice president. 18 December 2017
News
Unipol, Mapfre, Caser, Allianz Italy and Generali have all had their Insurance Financial Strength Rating (IFSR) downgraded by rating agency Moody’s. 16 February 2012
Insurance
Insurtech start-up Digital Fineprint has raised $400k seed investment from Eos Venture Partners and a group of angel investors. 13 December 2016
Insurance
Swiss Re’s first half 2017 results have been impacted by lower income from the property/casualty reinsurance division as the reinsurer curbs premium and is hit by Cyclone Debbie. 4 August 2017
Insurance
Liberty Mutual enjoyed strong growth and a big increase in profits in the second quarter boosted by its acquisition of Ironshore and better investment returns. But these masked an underlying deterioration in its underwriting performance. 4 August 2017
Insurance
Broker Aon has created a new Carrier Solutions group, under the leadership of Karl Hennessy, to support and grow its proprietary network of managing general agents (MGAs) and managing general underwriters (MGUs). 30 May 2018
Insurance
Everest Re Group expects to report a charge for net reserve adjustments of approximately $250 million, after tax, for the second quarter of 2018. 20 July 2018
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