News
Alternative Risk Transfer
Specialist insurer Hiscox has launched a first ever cyber industry loss warranty (ILW) product to help address the uncertainty around cyber tail risk for re/insurers. 15 March 2018
Insurance
The property and casualty (P&C) insurance and reinsurance sectors have significant exposure to the economic consequences of climate change and has a net negative credit impact on the industry, Moody's has said in a new report. 15 March 2018
News
Munich Re is expecting to generate a profit of between €2.1 billion and €2.5 billion in 2018. This slightly exceeds the guidance that the company had projected for 2017, which was initially set at between €2.0 billion and 2.4 billion. 15 March 2018
Insurance
Italian insurer Generali posted a strong set of results for 2017 including a record operating result, a performance it attributed to its life business, asset and wealth management segment, investment performance and implementing cost reductions ahead of schedule. 15 March 2018
News
Munich Re has reported a loss in its property/casualty reinsurance unit of €476 million due to high levels of natural catastrophes. 15 March 2018
News
Swiss Re plans to increase its regular dividend and authorise a new public share buy-back programme of up to Sfr1 billion ($1 billion) at its Annual General Meeting of shareholders set for April 20, 2018. 15 March 2018
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has bolstered its casualty division with senior hires from Chaucer Syndicates and QBE. 15 March 2018
Insurance
DL Dale & Others' Syndicate 2525, a specialist employers’ and third party liability Lloyd’s insurer managed by Asta Managing Agency, has strengthened its underwriting team with key hires from Aspen Insurance. 15 March 2018
Insurance
UK's MIB (Motor Insurers' Bureau) has appointed Dominic Clayden as its new CEO and board executive director, succeeding Ashton West OBE. 15 March 2018
Insurance
XL Catlin’s insurance operation has made number of promotions across Europe in its international environmental team. 15 March 2018
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