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Insurance
The sector outlook for London Market insurance remains negative for 2018, reflecting the expectation that underwriting results are likely to stay pressured despite anticipated improvements in pricing conditions, according to a Fitch Ratings report. 28 November 2017
Insurance
US insurer WR Berkley has launched its startup personal insurance platform Berkley One in Illinois, the first state of a planned national state-by-state rollout. 28 November 2017
Insurance
The natural catastrophes which struck North America represented the most important development in the non-life re/insurance sector in 2017, according to executives interviewed by Intelligent Insurer for our year-end questionnaire. 29 December 2017
Insurance
UK insurer Aviva said on Sept. 29 that it has agreed to sell its entire shareholding in its joint venture in Italy, Avipop Assicurazioni, which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a cash consideration of €265 million. 2 October 2017
Insurance
An insurance adviser has said that most of the EU legislation that affects the insurance industry is likely “here to stay” whether the UK leaves the European Union or not in the referendum taking place next month. 19 May 2016
Insurance
Willis Towers Watson has appointed Dominique Lebel to lead its insurance consulting and technology (ICT) life business for the Americas. 14 February 2018
Insurance
Ryan Specialty Group-owned SafeWaters Underwriting Managers has expanded its marine offering, backed by Aspen Insurance, to include cargo, hull & machinery, and marine liabilities coverages in the US and Latin American markets. 14 February 2018
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
Antares, the specialist Lloyd’s insurer, is re-entering the property direct and facultative (D&F) market having poached two ANV executives, Intelligent Insurer can reveal. 22 June 2015
Alternative Risk Transfer
Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest 1st View renewals report from Willis Re. 2 January 2019
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