News
Insurance
Zurich-based global reinsurer Swiss Re's half year 2019 net profit fell despite strong reinsurance performance in both property/casualty and life & health segments and investment gains, due to losses stemming from natural catastrophes, Ethiopian Airlines crash, Boeing 737 MAX fleet grounding, and a large reserve charge for Corporate Solutions business. 31 July 2019
Insurance
American International Group (AIG) could potentially free up between $2 and $5 billion capital through the legacy portfolio transferred to DSA Re, a wholly-owned Bermuda-based reinsurer formed in February, 2018, according to Morgan Stanley research. 18 July 2018
Insurance
New York-based Oscar Health, a technology-focused health insurance company, has secured $165 million to fuel its next phase of growth. 4 April 2018
Insurance
Specialist re/insurance broker THB has hired a senior broker from Ed Broking. Matthew Gould will join THB's aviation team, reporting to division director Tom Thompson. 5 September 2018
Insurance
The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS. 11 December 2017
Insurance
A panel of experts explain why greater diversity and inclusion in the London Market is important and say that box-ticking won’t cut it if you want to see the benefit on your bottom line. Hear more from the Intelligent Insurer Re/insurance Lounge panel. 2 November 2020
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers. 16 September 2019
Insurance
Insurance and investment firm Starr Companies which is headed by Maurice Greenberg, has discontinued underwriting new business through the Starr Singapore Underwriting Agents representing its Lloyds Syndicate 1919. 8 November 2017
Insurance
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence. 31 August 2018
Insurance
China's first internet-based insurer ZhongAn has entered a joint venture with Grab, a ride-hailing and fintech platform, to launch a digital insurance marketplace in Southeast Asia. 16 January 2019
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