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Munich Re expects €1bn profit in second quarter 2019 due to lower expenditure and high reserve releases
Insurance
Germany-based global reinsurer Munich Re expects to report a consolidated result of approximately €1 billion for the second quarter of 2019.   19 July 2019
AFL taps UIB senior brokers Ritson and Draper to lead property and energy expansion
Insurance
Independent Lloyd’s broker AFL Insurance Brokers has hired experienced brokers Mark Ritson and Peter Draper as directors of international property and energy.   19 July 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has expanded its liability team by creating two new senior underwriting roles.   19 July 2018
Insurance
Warren Buffett's Berkshire Hathaway Insurance Group has been granted a certificate of authorisation by the Central Bank of Ireland to operate as an insurer in Ireland and the European Economic Area (EEA).   6 March 2019
Insurance
In the absence of management actions, P&C (property/casualty) insurers' profits will fall on average by 10 percent to 20 percent in three years, which represents a cumulative decline of €3-5 billion, according to Moody’s. Life insurance profits will generally decline at a slower pace.   15 November 2016
Insurance
A trend toward bespoke insurance products driven by available technology and data is one of the reasons why Lloyd’s broker AFL Insurance Brokers decided to acquire US-based Zodiac Insurance Services, AFL CEO Bob Finch, told Intelligent Insurer.   13 November 2018
Insurance
COVID-19 drives shift in cyber attack behaviour.   10 June 2020
Insurance
Chord Re, a new reinsurance-focused managing general agency (MGA), has been launched by the former head of Aspen Re London Stefan Long, and will begin underwriting on behalf of Neon Syndicate 2468 from January 2018.   14 November 2017
Insurance
Bermuda-based Hamilton Insurance Group has hired Michael Papamichael as senior vice president of strategy and corporate development from Sirius Group.   5 December 2018
Insurance
Insurtech veteran Martha Notaras has been hired as managing partner.   13 January 2020

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