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US MGA market growth beats P&C insurance sector
Insurance
The managing general agent (MGA) and programme markets in the US have continued to outpace the growth of the rest of the property-casualty market in 2017, according to a new study by investment firm Conning.   4 September 2018
CCR Re enjoys strong growth in 1H 2018
Insurance
CCR Re has enjoyed strong growth since it was launched in January 2017. For the first half of 2018, it posted premium income of €381 million, a 12 percent increase on the same period a year earlier, and net profit of € 17 million, equal to its profit for the whole of 2017.   4 September 2018
Insurance
The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS.   11 December 2017
Reinsurance
The insurance and reinsurance markets of Latin America present opportunities for innovative domestic carriers and international players alike.   1 October 2012
Insurance
Bermuda-based re/insurer Validus Holdings has made several leadership appointments, reflecting an organisational change that results in three new reportable segments - reinsurance, insurance and asset management.   11 December 2017
Insurance
Liberty Mutual revealed the new operating structure for its recently formed Global Risk Solutions business.   1 March 2018
Insurance
Insurance intermediary The Ardonagh Group which comprises Autonet and Carole Nash, Paymentshield, Insurance Broking, Schemes and Programmes, MGA and Wholesale, has reported adjusted EBITDA (Earnings before interest, taxes, depreciation and amortization) up 12.7 percent year on year at £28.0 million in the first quarter of 2018.   23 May 2018
Insurance
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence.   31 August 2018
Insurance
RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year.   25 July 2018
Insurance
New York-based AmTrust Financial Services closed the transfer of a 51 percent equity interest in certain of its US-based fee businesses to private equity firm Madison Dearborn Partners.   1 March 2018

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