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Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21. 21 August 2017
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
Alternative Risk Transfer
Increased competition fuelled by third-party capital is causing premiums to decline, threatening reinsurers’ competitive positions. One consequence of this could be that some players struggle to maintain their financial strength ratings. 15 August 2014
Insurance
Specialist insurer Hiscox has appointed Josh Nevin as chief operating officer (COO) for its US business unit. 28 June 2017
Insurance
Australian insurer IAG said on June 28 that a preliminary review of the financial year ending June 30, 2017, indicates reserve releases of at least 5 percent of net earned premium. 28 June 2017
Insurance
US President Obama’s reinsurance tax proposals could damage the US economy, according to a study by Arthur Laffer, a former member of Reagan’s economic policy advisory board. 19 May 2015
Insurance
ACE Group has appointed Adi Darmaputra as accident & health and bancassurance director for its general insurance operations in Indonesia. 7 May 2014
Insurance
Navigators CEO Stanley Galanski has described how London has become an increasingly challenging market and explained why he believes that targeting local markets directly in continental Europe is the way to go. 16 April 2018
Insurance
Brit, the global specialty insurer, has launched a newly created product targeting the fine art and specie sector. 14 March 2016
Insurance
Brown & Brown, a provider of re/insurance products, has settled its lawsuit against a number of its former employees, their current employer AssuredPartners and several key executives within the rival firm. 3 March 2017
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