News
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.63 billion, according to Zurich-based catastrophe insurance data provider PERILS. 17 April 2018
Insurance
Mapfre Re is set to establish a new representative office in Tokyo, Japan with the objective of increasing its reinsurance business in the Asia Pacific region. 20 November 2017
Insurance
Africa Re made an underwriting loss in the third quarter of 2018 while its investment portfolio also suffered – but its CEO said he remains positive it can produce a good underwriting profit and a commendable investment performance for the whole of 2018. 9 November 2018
Insurance
Offering capacity for new insurance needs such as cyber and specialised liability, and offering creative contracts for cat coverage can help close the protection gap in Latin America. 13 November 2017
Insurance
The current macro-economic and political situation in Latin America is a key challenge to re/insurers looking to take advantage of new opportunities in the region. 13 November 2017
Insurance
Mitsui Sumitomo Insurance Group’s Lloyd’s operation has appointed Avraam Avraam, formerly of QBE, to the newly created role of class underwriter for the company’s growing healthcare class. 29 May 2014
Insurance
Homeowners' re/insurance provider HCI Group has appointed Karin Coleman to executive vice president. 18 December 2017
Insurance
Lloyd's insurer Beazley has reported a 7 percent increase in its gross written premiums (GWP) for the first quarter of 2016 – up to $583 million, compared with $546 million in the first quarter of 2015. 5 May 2016
Insurance
Insurance Australia Group (IAG) is reviewing its Asian operations after running out of buying opportunities, according to a Reuters Feb. 14 report. 14 February 2018
Insurance
Specialist insurer Hiscox has led a $58 million Series D funding round of insurtech CoverHound, with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD. 6 February 2019
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