News

Insurance

AXA XL ready for Brexit as it completes move to Ireland

Re/insurer AXA XL has completed the transfer of its European Union insurance company, XL Insurance Company (XLICSE), from the UK to Dublin, Ireland in response to Brexit uncertainty.   21 January 2019

Insurance

M&As in European insurance sector set to continue in 2019, finds Moody’s

The European insurance sector will continue to consolidate in 2019, with varying credit impacts, according to the latest Moody's Investors Service report.   23 May 2019

Insurance

Pioneer places Pioneer Syndicate 1980 into run-off

Focus is on generating superior returns through its MGA   15 November 2019

Insurance

Flooding in Northern England could cost industry £120m: PwC

‘This estimate could rise depending on how much further rain falls.’   14 November 2019

Insurance

White Oak hires two from QBE

White Oak Underwriting has expanded its warranty underwriting team by hiring two QBE Europe employees to its Lloyds operation.   20 June 2014

Insurance

Tokio Marine snaps up Australian underwriting agency from IAG

Tokio Marine Management (Australasia) (TMMA), a wholly-owned subsidiary of Tokio Marine & Nichido Fire Insurance, has acquired Accident and Health International Underwriting (AHI), a specialist accident, medical and corporate travel underwriting agency.   5 July 2019

Insurance

Insures in southeast Asian urged to upgrade legacy systems to remain competitive: ASEAN Insurance Pulse

Insurance executives in southeast Asian markets are taking a “measured approach” to digitisation, choosing to concentrate on digitising their existing value chains, according to the latest Insurance Pulse survey for the region.   1 October 2019

Insurance

Allianz SE makes bid for Brazilian Sul América's auto and P&C portfolio

Brazil-based insurer Sul América (SA) has received an indicative, non-binding offer for its automobile, and property and casualty insurance portfolio from German firm Allianz SE, according to a filing SA made to the Brazilian Securities and Exchange Commission this week.   5 July 2019

Insurance

Assurant expects up to $150m Q4 nat cat loss

Assurant expects to record between $110 million to $150 million pre-tax, of fourth quarter 2018 reportable catastrophe losses in its global housing segment.   20 December 2018

Insurance

US P&C faces slower reserve releases, higher loss trends

Positive P&C pricing and rising investment income in the US insurance sector are expected to be offset by slower reserve releases and higher loss trends in 2019, according to Morgan Stanley analyst Kai Pan.   14 January 2019

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