News
Insurance
US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings. 31 August 2018
Insurance
SafeWaters Underwriting Managers is expanding its capacity for yacht insurance with support of Everest National Insurance Company. 31 October 2017
Operational Risk
While COVID-19 and social inflation create challenge and uncertainty for the liability market, they also hold the key to innovation and lasting success, according to Bob Reville, co-founder, president and chief executive officer of Praedicat. 1 July 2020
Alternative Risk Transfer
Dominic Wheatley, chief executive of Guernsey Finance, explains how recent developments in Guernsey have left the jurisdiction stronger and ready for growth in insurance-linked securities and reinsurance. 28 October 2019
Insurance
Syndicate Research Limited (SRL) has affirmed the A- (Good) Continuity Opinion of Lloyd's syndicate 2003 but has changed the outlook for the Continuity Opinion from stable to negative in light of the syndicate’s recent 5-year average performance relative to its Continuity Opinion peer group. 21 November 2018
News
Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson. 9 July 2018
Insurance
US-based specialty insurance programme administrator NSM Insurance Group, a subsidiary of White Mountains, has acquired West Midlands-based insurance broker Fresh. 22 May 2018
Insurance
Ironshore, a part of Liberty Mutual Company, has named Kristin McMahon as head of US claims. 24 October 2017
Insurance
Specialist global insurer Hiscox has appointed Glenn Dorr as head of business development and broker relationships, North America, within its London Market business. 20 November 2017
Insurance
AIG Europe reported a pre-tax loss of £431.5 million for 2017 (ending Nov. 30, 2017) after a negative £171.1 million in the 2016 financial year. 18 May 2018
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