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Insurance
Regulatory developments dominate priorities identified for the London company insurance market in 2018 by the International Underwriting Association (IUA). 17 January 2018
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd's operations of Hamilton Insurance Group, has reached an agreement with Randall & Quilter (R&Q) in conjunction with AXA DBIO, to support the Reinsurance to Close (RITC) of Syndicate 3334’s 2014 and prior years of account. 21 December 2017
Insurance
The severe El Nino effect expected next year presents a challenge for re/insurers, according to Edward Lines, deputy head of underwriting and property D&F division head for Chaucer, and Uwe Fischer, general manager, Chaucer Latin America. 28 October 2015
Insurance
Mondelez, the US food company that owns the Oreo and Cadbury brands, is suing Zurich Insurance for refusing to pay out on a $100 million claim for damage caused by the NotPetya cyber attack in what is seen as the first major legal dispute over how companies recover the costs of a cyber-attack. 15 January 2019
Alternative Risk Transfer
The insurance industry is growing rapidly in Asia, and more capacity will be needed to keep up with demand. Alternative capital sources such as ILS will be vital to meet that demand, and in acquiring Lutece, Peak Re has positioned itself to lead this trend, says Peak Re’s Franz Josef Hahn. 12 May 2020
Insurance
Specialty re/insurer Argo Group International Holdings is establishing a standalone underwriting business to pursue the growing construction sector. Jim Cornwell, senior vice president, will lead the new operation. 12 June 2018
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today. 24 October 2018
News
Flood Re, the UK Government's scheme to pool flood risk, has appointed Capita as its managing general agent. 12 February 2015
Insurance
Hannover Re has expanded the premium volume in traditional property/casualty (P&C) reinsurance by 12.7 percent, according to a Feb. 7 press release. 7 February 2018
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business. 26 July 2018
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