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Michael Krefta, the chief underwriting officer (CUO) of Hiscox Re, has been appointed joint active underwriter for Syndicate 33 alongside Paul Lawrence, CUO of Hiscox London Market. 14 September 2014
Insurance
Beazley’s specialty lines segment, specifically cyber, helped to boost the company’s profits in the first quarter of 2015. 8 May 2015
Insurance
Xchanging, the process management firm, has posted a decrease in its net revenue for 2015, down to £400.5 million, compared with £406.8 million in 2014. 4 March 2016
Insurance
Maiden Holdings reported record net income attributable to common shareholders of $87.9 million in 2013, compared with $46.5 million in 2012. The company’s combined ratio also improved to 97.5 percent in 2013, compared with 99.5 percent in 2012. 21 February 2014
Alternative Risk Transfer
Eight first time sponsors entered the cat bond market this year, as the sector posted a first half year record for issuance, topping $5.7 billion in total capital. 10 July 2014
Insurance
ACE posted a strong set of results for the second quarter of 2015, driven by strong performance in its North American property and casualty (P&C) insurance segment. 22 July 2015
Insurance
Chile is now in the world’s top five countries for the highest insured losses from earthquakes, according to a report by Guy Carpenter. 14 April 2014
News
Record losses from the 2017 hurricane season have failed to trigger the rate increases the industry had hoped, with many experts and reports based on analysis of the recent renewals now suggesting that low rates may be here to stay. 29 January 2018
Insurance
Alternative capital grew again last year but at a slower pace. Paul Schultz, chief executive of Aon Securities, suggests to PCI Today this growth will continue but innovation will also be needed in the long term. 25 October 2016
Insurance
The low interest rate environment and soft market will lead to greater consolidation in the industry, according to the majority of Intelligent Insurer readers who participated in an online survey. 5 August 2016
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