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Insurance
LMG launches steering board for new model
The London Market Group (LMG) has launched its London Market (LM) Target Operating Model (TOM) Steering Board.   27 January 2016
News
Profits hike at GIC Re
Indian reinsurer GIC Re posted a solid set of results for the fiscal year 2014, as its profits and gross premiums jumped.   1 June 2015
Insurance
Argenta appoints property underwriters
Argenta Syndicate Management Limited, a subsidiary of Argenta, has appointed James Lawson and Michael Sharkey as UK property and liability underwriters at Argenta Syndicate 2121.   6 November 2014
Insurance
Brit expands capacity of sidecar Versutus, syndicate 2988
Specialty re/insurer Brit has completed the fourth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus, the company said in a Feb. 14 press release.   14 February 2018
Insurance
JLT posts strong results despite challenges
Jardine Lloyd Thompson Group (JLT) posted strong results for 2013 but also warned that the environment in which it is operating is becoming increasingly challenging.   4 March 2014
Insurance
Insured losses from Cyclone Debbie rise to A$410m: ICA
The Insurance Council of Australia (ICA) has estimated the insured losses from Tropical Cyclone Debbie at A$410 million ($309.2 million) as of April 6, 9:00 AM local time.   6 April 2017
Insurance
Fitch moves US P&C outlook to stable after rebound
Fitch Ratings has revised the sector outlook for US property and casualty (P&C) insurers to stable from negative.   4 December 2018
Insurance
Florence losses likely to be largely retained by insurers: Moody’s
Losses from Hurricane Florence will be largely retained by property/casualty insurers only “dampening” their third quarter earnings. Only reinsurers and ILS funds with low attachment points may find themselves subject to claims, according to a report by Moody’s, which also predicted no cat bonds would be triggered.   17 September 2018
Insurance
AIG's Duperreault seeks acquisitions
In what appears to be a new strategic direction for the company, Brian Duperreault, American International Group's (AIG) new CEO, has said he wants to target acquisitions of companies and reduce the pace of share buybacks.   29 June 2017
Insurance
Global Risk backs Ropner management buyout
Global Risk Partners (GRP) has backed marine broker Ropner in its completion of a management buyout (MBO).   5 February 2015

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