News

Insurance

The Hartford seeks Navigators’ expansion for profit boost

The Hartford is looking to expand the Navigators’ business after the acquisition in order to increase its profitability above the firms’ historic levels, executives explained in an Aug. 22 conference call.   23 August 2018

Insurance

Technology and Lloyd’s create tailwinds for RSG in choppy marine market

Ryan Specialty Group has a growing presence in the marine market — a confluence of market conditions and its own strategic decisions could mean further growth, as Intelligent Insurer finds out.   23 August 2018

Insurance

The Hartford expands product offering through Navigators acquisition

Hartford Financial Services Group is acquiring The Navigators Group for $2.1 billion in a move that will see the US insurer expand its offerings and underwriting risk appetite.   22 August 2018

Insurance

Joint Hull Committee appoints AXA's Newton as new chairman

London-based Joint Hull Committee (JHC) has appointed Paul Newton as its new chairman, succeeding Peter Townsend, who stepped down in June.   22 August 2018

Insurance

AFL replaces CFO with Towergate hire in growth move

Independent Lloyd’s broker AFL Insurance Brokers has replaced its current chief financial officer (CFO) Keely Dalfen with a new hire from Towergate.   21 August 2018

Alternative Risk Transfer

CATCo chairman expects further rate declines at 2019 January renewals

The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals.   20 August 2018

Insurance

IGI expands 20% in H1

International General Insurance Holdings (IGIH) grew gross premiums written by 20 percent year on year to $165.87 million in the first six months of 2018, driven by all major lines of business.   20 August 2018

Insurance

Property claims weigh on HDI in H1

Industrial lines insurer HDI Global has been impacted by numerous property claims in the first six months of 2018, leading to a decline in underwriting results.   20 August 2018

Insurance

Swiss Re on the hook for collapsed Genoa bridge

Swiss Re is one of the main insurers for the Rome-based company Autostrade per l’Italia that operated the stretch of highway where the Morandi Bridge in Genoa collapsed, according to an Aug. 17 Reuters report.   20 August 2018

Insurance

S&P ups Argo outlook on profitability measures

S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings.   20 August 2018

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