News
Insurance
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
Insurance
Property/casualty insurer Chubb has revealed its preliminary fourth quarter loss estimates from natural catastrophes of approximately $320 million before taxes (or $249 million after tax). 30 November 2017
Insurance
Re/insurer XL Catlin has extended its casualty insurance offering to include a cyber solution in the UK. 12 June 2018
Insurance
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
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
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
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
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
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its presence in Australia with a new office in Adelaide, and appointed Monica Holland as underwriting manager and casualty manager for South Australia. 12 June 2019
Insurance
Ratings agency AM Best has revised the outlook of specialty insurance company ProAssurance Corporation to negative from stable, expressing concern over its operating performance in recent years. 27 September 2019
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