News
Insurance
Specialist insurer Markel International has launched a surety offering following its appointment of new executives from Aviva and Euler Hermes. 9 March 2017
Insurance
Allianz X, the digital investment unit of the Allianz Group has co-led N26’s $160 million Series C funding round and joins its board of directors alongside a list of notable investors. 20 March 2018
Insurance
In North America, rates overall were up about 2.5 percent for Chubb in the third quarter of 2018, down from last quarter's 3 percent, CEO Evan Greenberg said during the insurer’s results conference call. 25 October 2018
Insurance
United Arab Emirates-based International General Insurance Holdings (IGI) saw its combined ratio deteriorate to 103 percent in 2017, compared to 87.5 percent in 2016. 19 March 2018
Insurance
Bermuda-based Aspen Insurance Holdings has reduced its loss in the third quarter of 2018 as the company experienced a lower catastrophe impact. 25 October 2018
Insurance
Property/casualty insurer Chubb has appointed Mike Berry to serve as head of surety for Europe, and Jamal Griffith as head of surety for the UK and Ireland. 7 September 2018
News
P&C reinsurance buyers said they expected reinsurance prices to remain flat or fall slightly during 2019, reflecting intense competitive pressure amid increased take-up of alternative capital and abundant total capacity, according to a Moody’s survey. 7 September 2018
Insurance
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” of Spain-based Mapfre Re. Mapfre Re is a subsidiary of Mapfre, the non-operating holding company of the Mapfre group. 7 September 2018
Insurance
Recent natural catastrophes are likely to have only limited impact on reinsurers as the bulk of the losses will be borne by primary insurers, according to S&P Global Ratings. 6 September 2018
News
Aggregate net income of the reinsurance sector increased nearly 75 percent year on year to $14.5 billion in the first half of 2018, according to Willis Towers Watson. 6 September 2018
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