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Reinsurers warm to mortgage risk
Insurance
Pricing in the mortgage credit risk market has reduced significantly in recent years, but it remains a very profitable business for reinsurers, with more showing an interest in moving into this sector all the time, Joe Monaghan, executive managing director of Aon’s Reinsurance Solutions business, told PCI Today.   30 October 2018
Insurance
Delta Lloyd executive board member Ingrid de Graaf is leaving the company in the spring of 2017.   14 December 2016
News
Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017.   13 April 2017
Insurance
Markel Corporation has appointed Glenn Mozingo to the newly-created role of managing director, global insurance business development and corporate account executive.   13 April 2017
Insurance
Improved underwriting results in property & casualty (P&C) have helped US-based commercial insurer CNA Financial to grow its profits in the second quarter of 2017.   31 July 2017
Insurance
China's insurance regulator has barred Anbang Life Insurance from applying to issue new products for three months, the latest move in an industry-wide crackdown, Reuters reported May 5.   8 May 2017
Insurance
US homeowners’ premiums increased from $89 billion in 2015, to $91 billion in 2016, and are expected to reach $93 billion in 2017, according to Aon Benfield’s annual Homeowners’ ROE Outlook report, which forecasts continued growth in direct US homeowners’ insurance premiums for 2017 despite a decreasing return on equity (ROE) for insurers.   17 October 2017
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end.   29 June 2017
Insurance
With time to reflect on what has been an unprecedented year, re/insurance industry leaders share their thoughts on the highs and lows of 2020 from rising rates and an increase in scrutiny of ESG policies to the accelerated use of technology.   18 December 2020
Insurance
Marsh has reached an agreement to acquire AD Corretora de Seguros, an insurance broker in the state of São Paulo.   14 December 2016

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