News
Insurance
The business model of hedge fund reinsurers is being put to a hard test in the current soft market while sophisticated clients challenge their business model. 25 October 2016
Insurance
Third Point Re CEO looks forward to re-finding his “muscle memory” around a hard market. 15 September 2020
Risk Management
The COVID-19 pandemic has created a specific set of challenges for risk and insurance managers. Dirk Wegener, president of FERMA, told Intelligent Insurer how the association is responding to their needs. 29 September 2020
Insurance
Morris Tooker, the former president of Gen Re’s property/casualty reinsurance business, has resurfaced at US insurer The Hartford. 21 July 2015
Reinsurance
AM Re has facilitated the introduction of Asian capacity providers to US risk a match that benefits both parties and which is going from strength to strength as a result, Shevawn Barder, the company’s chief executive, tells Intelligent Insurer. 3 July 2019
Insurance
The UK government’s recent proposal to raise insurance premium tax (IPT) from 10 percent to 12 percent, as laid out in its Autumn Statement, has created a backlash within the insurance sector. 24 November 2016
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, is acquiring a strategic stake in Malene Insurance Brokers, a leading Malaysian independent niche broker in the energy and power sector, and a specialist in takaful insurance, which complies with Sharia law. The company is also purchasing the remaining 51 percent of shares in CIMB Howden. 11 February 2019
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda. 26 January 2018
Insurance
Net profits at Zurich Insurance Group dipped in the second quarter of 2016 thanks to lower realised capital gains and restructuring charges. But company’s operating profits improved markedly and the firm’s chief executive hailed the impact of changes the business has made. 11 August 2016
Insurance
Bahrein-based re/insurer Trust Re said its profits fell to $18.8 million in 2016 from $30.8 million a year ago, driven by lower investment income. 3 April 2017
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