News

Insurance

MGA market will rebound in 2020 – Clyde & Co

The also predicts insurtech will transform healthcare insurance.   2 December 2019

Insurance

Coverys provides capacity for DTW Syndicate 1991

Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330 and 1110, is joining DTW’s panel of capacity providers, as one of its largest backers, from January 1, 2019.   10 December 2018

Insurance

Chubb appoints Marcos Gunn as SVP and regional president of Latin America

Property/casualty insurer Chubb has appointed Marcos Gunn as senior vice president, Chubb Group and regional president, Latin America.   5 August 2019

Insurance

Reinsurers on the hook for hurricane Michael losses

Reinsurers are likely to bear the brunt of the losses caused by hurricane Michael, KBW's Meyer Shields suggested in a research note.   11 October 2018

News

IAG ups cat cover as Australia’s bushfires bust allowance

Insurance Australia Group (IAG) has increased its catastrophe reinsurance cover for 2020 in response to the devastating Australian bushfires that have already prompted huge insurance loss estimates.   3 January 2020

Insurance

QBE returns to profit in 2018 due to fall in cat claims and cost-cutting

Australia-based QBE Insurance Group returned to profit last year helped by "significantly reduced catastrophe claims", after an extreme 2017, and a robust cost-cutting programme.   25 February 2019

Insurance

IAG enters three quota share agreements

Australia’s IAG has entered into three agreements to quota share a combined 12.5 percent of its consolidated business from Jan. 1, 2018.   8 December 2017

Awards

Big can be beautiful, say survey respondents

While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers.   19 June 2013

Insurance

Sirius Group secures $300m credit facility

Bermuda-based Sirius International Insurance Group has entered into a three-year $300 million senior unsecured revolving credit facility through its indirectly wholly-owned subsidiary Sirius International Group.   12 February 2018

Insurance

Washington bans NRA-branded insurance

Washington is following New York in banning the sale of insurance policies branded by the National Rifle Association (NRA) while fining two companies involved in underwriting and selling them in the state.   17 January 2019

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