News
Insurance
Property/casualty (P&C) group Cincinnati Financial Corporation expects its third-quarter 2018 results to include pre-tax catastrophe losses of approximately $120 million. 15 October 2018
News
Re/insurer Lancashire’s gross written premiums increased by 33.5 percent to $907.6 million in 2014, compared with $679.7 million in 2013, primarily derived from the new Lloyd’s segment following the acquisition of Cathedral in the fourth quarter of 2013. 12 February 2015
Insurance
Jardine Lloyd Thompson (JLT) has agreed to acquire Hayward Aviation from Towergate Insurance for £27 million. 8 December 2014
Insurance
Xchanging, the business technology and services provider, and Total Objects, its recently acquired specialist insurance and software provider, have launched a new service called BinderCloud 360, targeted at the London Insurance Market, for all stakeholders involved in the processing of delegated underwriting authorities. 15 May 2015
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed Nicholas Pooley as the new aviation major risks product lead for North America, based in New York. 5 April 2018
Insurance
The UK’s vote to leave the European Union will be the biggest event that 2016 will be remembered for with many market commentators citing the uncertainly it triggers as a big problem for the industry with a long and protracted negotiation process detailing the terms of exit proceeds. 29 December 2016
Insurance
Bermuda-based Catalina Holdings has closed a $700 million equity capital raise from Apollo, allowing for “much larger transactions” and making Apollo the majority shareholder. 11 October 2018
Insurance
Applying blockchain to the global re/insurance market could deliver operational cost savings of 10 percent to 25 percent or $20 billion to $50 billion each year, according to a report by blockchain solutions provider R3 and ChainThat. 7 March 2018
Insurance
AmTrust Financial Services, multinational insurance holding company, has entered into an agreement to acquire specialty insurance company ANV Holdings and its affiliates from Ontario Teachers' Pension Plan for $218.7 million in cash. 20 April 2016
Insurance
Qatar Insurance Company (QIC) has reported a small increase in its profits last year but a big hike in its gross written premiums driven by its continued geographical expansion. 21 January 2016
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