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Norway's Protector Forsikring, the insurer on the London Grenfell tower block that has been devastated by fire killing at least 80 people, has raised its expected gross claims from the tragedy to £50 million in its second quarter results report. 10 July 2017
Insurance
The Hartford CEO Chris Swift is looking for bolt-on acquisitions in commercial lines and specialty while reinsurance business would not be a driver for a potential transaction. 30 April 2018
Insurance
Operations management, consulting and digital solutions provider Davies Group has made several senior executive promotions as it streamlines its business, creating three operating platforms across claims solutions, insurance services and customer solutions. 16 March 2018
News
Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT). 4 September 2018
Insurance
US-based property/casualty insurer Liberty Mutual Holding Company reported attributable net income of $1.01 billion for 2016, an increase of $492 million versus the same period in 2015. 2 March 2017
Insurance
Despite the importance to reinsurers, and cedants in many cases, of achieving and maintaining a desirable financial strength rating, many companies still fail to grasp the complexity of rating agencies’ methodology—and some face downgrades as a result. 13 September 2017
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
Insurance
The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018. 12 March 2018
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks. 25 April 2018
Insurance
Bermuda-based bond insurer Assured Guaranty issued a statement criticising David Einhorn of Greenlight Capital following a short-sale presentation. 24 April 2018
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