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Insurance
In a hardening market, the ability to make every area of the business work as hard as possible is essential. Finding efficiencies in the underwriting process includes making sure underwriters aren’t wasting time pursuing risks that are not in-appetite, or likely to cause a disproportionate loss in the event of claim. 25 June 2021
Insurance
Bermuda-based re/insurer AXIS Capital's CEO reports “strong” second quarter results were “made possible” by continuing improvement in core underwriting margins, operating return on equity of 12.3 percent, and a 6 percent growth in book value per share. 31 July 2019
Insurance
Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings. 17 December 2018
Insurance
Ryan Specialty Group (RSG) is acquiring certain assets of ARC Specialty Brokerage (ARC Specialty), the property/casualty (P&C) division of ARC Excess & Surplus. 30 July 2018
Insurance
Arc Legal Assistance, a provider of legal expenses insurance, has expanded its distribution partnership with UK managing general agent (MGA) Lorega by offering a cyber recovery product. 28 June 2016
Insurance
The board of the Argo Group has described a letter by Voce Capital Management, a shareholder in the company, which heavily criticises Argo’s performance and leadership, as misleading, inaccurate and a “personal attack” on its chief executive Mark Watson III. 26 February 2019
Insurance
Earlier this year, Vibe MGA Management was the latest managing general agent incubator to be launched in the London Market. Danny Maleary, its CEO, explained its aims, ambitions and international outlook to Intelligent Insurer. 17 October 2017
Insurance
Insurers need to hold and manage overwhelming quantities of data to accurately assess their risk. But one insurtech expert warns that a large amount of this valuable data goes to waste as it is left languishing in non-standard formats. 24 February 2020
Insurance
The potential for hedge fund reinsurers may be waning as a challenging investment environment, a soft market and sophisticated clients challenge the business model. Intelligent Insurer reports. 25 October 2016
Insurance
Lloyd's broker AFL Insurance Brokers has appointed Jonathan Bines as the new chief executive officer (CEO) of UK, and unveiled its plans to expand business in North America. 13 May 2019
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