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Insurance
Zurich Insurance Group said that it is combining its specialty products business with commercial insurance in North America as part of its strategy to simplify the organisational structure, and provide easier access to its products and services. 26 May 2017
Insurance
Saga, a UK-based specialist insurer for life after 50, has seen its profits impacted by the collapse of Monarch Airlines. 6 December 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, is planning to establish a new subsidiary in Europe to retain its access to the market after Brexit, with an indication as to its location to be confirmed in June. 23 May 2017
News
Premium rates are set to further decline in reinsurance throughout 2017 due to overcapacity and sluggish demand, according to Fitch Ratings. 16 May 2017
Insurance
American International Group (AIG) enjoyed a return to solid profits in its first quarter results as its CEO highlighted the company was enjoying the fruits of actions it has taken to execute to strengthen its balance sheet and improve earnings quality. 4 May 2017
Insurance
A gap of $20 billion between company losses and estimates of total insured losses suggests that some company estimates will rise in 2018, fuelling reinsurance price rises, according to Jefferies analysts. 7 December 2017
Insurance
Specialty property/casualty insurer AmTrust Financial Services is further divesting assets to strengthen its capital position while reporting a loss for the third quarter. 9 November 2017
Insurance
Zurich Insurance Group posted a steady set of results for the first nine months of the year but said that it anticipated improvements in pricing now on the back of the recent heavy cat losses in North America. 9 November 2017
Insurance
Activist investor Carl Icahn filed a lawsuit against AmTrust Financial Services and the family that controls the company, accusing them of trying to take the insurer private at the wrong time and at the wrong price, according to a Reuters May 21 report. 22 May 2018
Insurance
XL Catlin has introduced an accident and health (A&H) solution, ‘Protect and Assist’, which is designed to help UK businesses protect its employees and meet duty and care needs against emerging risks and heightened security threats. 20 April 2017
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