News
Insurance
Reinsurers have been enjoying their best performance in five years in the first half of 2021, but the hurricane season and European storms could see them blown off course, Aon has warned. 13 September 2021
Insurance
Managing general agency Access Holdco Management has acquired property/casualty insurer Occidental Fire & Casualty Company’s Massachusetts non-standard auto insurance book of business. 30 November 2016
News
Value chain compression is an increasingly hot topic in the reinsurance market, but larger brokers can be reluctant to make changes. That is the view of Jason Howard, chief executive officer of Beach, speaking to Monte Carlo Today. 9 September 2019
Insurance
Mergers and acquisitions (M&A) activity will continue for 2019, and into 2020, particularly in light of interest rates and abundant capital in the market, Parimah Hassouri, partner at Drinker Biddle and Reath, told Monte Carlo Today. 9 September 2019
Insurance
American International Group (AIG) reported a net loss of $3.04 billion, up from a negative $1.84 billion in the same period of 2015, impacted by a $5.6 billion prior year adverse reserve development. 15 February 2017
News
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly central to its future. 13 May 2019
Alternative Risk Transfer
As investments into China’s Belt and Road Initiative (BRI) increase, Kirill Savrassov, CEO of Phoenix CRetro Reinsurance Company, told Baden-Baden Today that it represents big opportunities and challenges for the reinsurance industry, especially from a cat perspective. 23 October 2019
Insurance
US-based insurtech startup OnRisk has formed a strategic partnership with independent Lloyd's broker AFL to develop new technology for structuring and placing property & casualty (P&C) risk. 10 July 2018
Insurance
SCOR-backed Channel Syndicate 2015 at Lloyd’s has appointed Matt Ackland as chief commercial officer of the London platform. 13 March 2019
Insurance
The measure is aimed at mitigating coronavirus pandemic-related effects on the insurers' Solvency II ratios. 18 March 2020
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