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Specialty re/insurer Brit has benefitted from higher prices in the first half of 2018 but net profit dived nevertheless due to a sharp drop in investment return. 3 August 2018
Insurance
Australia-based QBE Insurance is selling its travel insurance business to health insurer nib holdings (nib). 3 August 2018
Insurance
German insurance giant Allianz expanded the property/casualty (P&C) business in the second quarter while the combined ratio deteriorated. 3 August 2018
Insurance
Arch Capital Group CEO Marc Grandisson sees mortgage insurance producing “outstanding” results while conditions in the reinsurance business are only improving “modestly”. 2 August 2018
Insurance
American International Group (AIG) has appointed David McElroy as CEO of its surplus lines insurer Lexington Insurance Company. 2 August 2018
Insurance
Two former insurance agents were sentenced to a combined 10 years in prison in California after being found guilty of a life insurance scheme. 2 August 2018
Insurance
Bermuda-based Everest Re CEO Dominic (Dom) Addesso has explained how the reinsurer miscalculated the cat losses from 2018 which made the company issue a profit warning for its second quarter 2018 results. 1 August 2018
Insurance
The Generali Group has improved the property/casualty (P&C) operating performance in the first half of 2018, driven by a better technical result. 1 August 2018
Insurance
American International Group (AIG) is selling 19.9 percent of its legacy portfolio DSA Re to private equity firm The Carlyle Group. 1 August 2018
Insurance
Assicurazioni Generali group chief financial officer (CFO) Luigi Lubelli is leaving the company as the Italian insurer restructures the business. 1 August 2018
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