News
News
Every year, S&P Global Ratings in partnership with Intelligent Insurer publishes its annual Global Reinsurance Highlights, which offers analysis of the main talking points and trends in the industry and ranks the top 40 reinsurance groups globally by net reinsurance premiums written. Here, we highlight some of the main themes from this year’s report. 26 September 2018
Insurance
Re/insurer AXA XL which has recently completed its merger has appointed Paul Greensmith as UK CEO replacing Paul Jardine who is leaving the group later this year. 24 September 2018
Insurance
Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions. 24 September 2018
Insurance
Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion. 24 September 2018
Insurance
Investors are putting more capital into life & health (L&H) insurtech ventures than in property/casualty (P&C) insurtech firms. 24 September 2018
Insurance
Tamesis Dual, part of the underwriting arm of the Hyperion Insurance Group, has appointed Ben Love as director of underwriting, based in London. 24 September 2018
Insurance
Hedgehog, a new online motor insurance provider targeting drivers who face higher than average premiums has been launched in Gibraltar. 24 September 2018
Insurance
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
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings. 21 September 2018
Insurance
Losses from Hurricane Florence will be largely retained by property/casualty insurers only “dampening” their third quarter earnings. Only reinsurers and ILS funds with low attachment points may find themselves subject to claims, according to a report by Moody’s, which also predicted no cat bonds would be triggered. 17 September 2018
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