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While most classes of reinsurance and specialty lines have seen a moderation or end to price reductions, there is not a consistent pattern, with increases generally limited to areas and sectors where heavy losses had occurred last year, broker JLT said in a May 1 trading statement. 1 May 2018
Insurance
French insurer AXA has reported a decline in net earnings in the first half of 2018 due to the impairment of intangible assets linked to the transformation of its Swiss Group Life business, the negative impact from the change in the fair value of financial assets and derivatives, as well as exceptional charges linked to the IPO of AXA Equitable Holdings. 2 August 2018
Insurance
Insurance sector concerns about silent cyber have declined considerably, according to an annual global survey by Willis Re. 29 August 2019
Insurance
AXIS Capital is to acquire Lloyd's insurer Novae Group for £468 million ($604 million) in an all-cash deal based on paying 700 pence per Novae share. The transaction is expected to close in the fourth quarter of 2017. 6 July 2017
Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector. 27 April 2018
Insurance
Specialist Lloyd's insurer Neon has appointed Matthew Watson to its professional indemnity (PI) team. 5 July 2017
Insurance
Bermuda-based Sirius International Insurance, a global multi-line re/insurance group, has revealed several key promotions and the formation of a new management committee. 11 September 2018
Insurance
The US property/casualty (P&C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017, a deterioration from the loss of $2.0 billion in the prior year period, according to ratings agency AM Best. 30 August 2017
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI), has introduced its cyber liability insurance office in New Zealand and appointed Ian Marshall as senior underwriter, executive and professional lines. 28 July 2016
Insurance
Specialist insurer Hiscox has appointed Eric Micheals as chief underwriting officer in the US. He replaces Nicole Goodwin, who is retiring. 10 January 2018
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