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Insurance
Commercial insurer Markel reported a comprehensive income to shareholders of $1.2 billion for 2017 compared to $667.0 million in 2016. 7 February 2018
Insurance
Artificial Intelligence (AI) agents will take over many decisions from humans in future, but they cannot legally be held liable for those decisions, creating new liability challenges to the insurance industry, according to a new report by Allianz. 22 March 2018
Insurance
As it prepares to be taken over by AXA, Bermuda-based XL Group posted stable profits in the first quarter of 2018 while also enjoying solid growth in gross written premiums driven by rate increases. 3 May 2018
Insurance
Accountancy firm PwC has unveiled a partnership with international start-up rating agency Early Metrics designed to link fast-growth start-ups with established insurance companies to generate mutually beneficial commercial opportunities and relationships. 1 May 2018
Insurance
Professional services firm Marsh & McLennan Companies increased revenue across its risk and insurance services in the second quarter of 2017, including reinsurance arm Guy Carpenter which grew 4 percent. 28 July 2017
Insurance
XL Group has announced that its second quarter 2017 income came to $301.6 million, a rise of 588 percent from the $43.8 million it reported for the same period of 2017. 27 July 2017
Events
Insurance group Ageas has reached an agreement with BNP Paribas Cardif to sell its 50 percent +1 share in the share capital of its Italian non-life operations Cargeas Assicurazioni (CARGEAS). 27 July 2017
Insurance
Global reinsurers will incur notable losses from Hurricane Irma, but the storm will have only a limited impact on the sector’s capital, ratings agency AM Best said in a Sept. 14 report. 15 September 2017
Insurance
The UK’s Prudential Regulatory Authority (PRA) has sent a request to the country’s largest general insurers to provide information about the impact of a range of stress tests on their projected Own Funds, as well as providing additional information on their sectoral exposures to the UK economy. 12 April 2017
Insurance
Arcus Syndicate 1856, part of Barbican Insurance Group, has appointed Gary Delaney as syndicate manager with immediate effect. 15 February 2017
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