News
News
After a year that caused historically high natural catastrophe losses to re/insurers which were already weakened by low rates and investment yields, 2018 is set to offer an improved operating environment not only due to rates bouncing back but also stronger economic growth. 5 December 2017
Insurance
Ingrid Carlou, the CEO of Patria Re, has left the reinsurer with immediate effect, Intelligent Insurer can reveal. 4 December 2017
Insurance
Against a backdrop of intense competition hindering the industry's ability to raise prices, the outlook for the French property and casualty insurance sector is negative, according to a Moody's Investors Service report, published November 29. 29 November 2017
Insurance
Hannover-based insurance Group Talanx on November 28 successfully placed a hybrid bond with a volume of €750 million, issued primarily to international and domestic institutional investors. 29 November 2017
Insurance
Rating agency AM Best has placed Bermuda-based Sirius International Group's (SIG) outlook "under review with negative implications" following the company's recent announcement to acquire control of Israeli insurer Phoenix. 28 November 2017
Insurance
The sector outlook for London Market insurance remains negative for 2018, reflecting the expectation that underwriting results are likely to stay pressured despite anticipated improvements in pricing conditions, according to a Fitch Ratings report. 28 November 2017
Insurance
Against a backdrop of low growth and lower interest rates in the US and European economies, insurers are looking overseas to Asia and in particular Hong Kong at M&A strategies to grow revenues and tap new technologies. 28 November 2017
Insurance
Insurance brokerage and risk management firm Gallagher has appointed James Anderson as group managing director of Rossborough Insurance, its personal and commercial lines broking business based in the Channel Islands and Isle of Man. 28 November 2017
Insurance
US insurer WR Berkley has launched its startup personal insurance platform Berkley One in Illinois, the first state of a planned national state-by-state rollout. 28 November 2017
Insurance
Lloyd's broker AFL has hired George Stagg to lead its incubator division as associate director, innovation. 28 November 2017
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