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Insurance
Re/insurance legacy specialist Compre has received approval from the Maltese Financial Services Authority (MFSA) to establish an insurance company in the Republic of Malta. 3 July 2017
Insurance
The Hanover Insurance Group's international specialty insurer Chaucer has acquired Sydney-based Lloyd's managing general underwriting agency (MGA) SLE Holdings. 3 July 2017
Insurance
Commercial pricing remains weak in 2017 while auto insurance rates continue to increase, according to the latest Moody’s annual rate change and trend survey. 3 July 2017
Insurance
Reinsurance rates deteriorated further in the July 1 renewals despite first quarter deterioration for many reinsurers’ results, according to the latest 1st View renewals report from Willis Re. 3 July 2017
Insurance
Trade credit insurer Euler Hermes has announced two senior executive appointments in its Asia Pacific region. 18 August 2017
Insurance
Munich Re expects around €350 million net profit for the full year of 2017 subject to fourth quarter developments but sees significant signs of improvement in the operating environment for 2018, chief financial officer Jörg Schneider suggested. 9 November 2017
Insurance
The number of M&A insurance claims is increasing and large transactions are proving to be riskier with the average pay-out topping $20 million, according to a study of representation and warranty (R&W) claims by American International Group (AIG). 20 April 2017
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
ArgoGlobal has announced that it will serve as a gold sponsor of the Managing General Agents’ Association (MGAA), as it looks to grow its MGA network particularly in SME and niche specialty sectors. 3 July 2017
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