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Insurance
Xuber provides tech solution to Castel for MGA businesses
Xuber, the insurance software business of Xchanging, has provided a digital platform to Castel Underwriting Agencies that enables it to provide and manage services for its portfolio of underwriting cells on a single system.   24 August 2016
Insurance
Opportunistic capital may dampen post-event hardening
Though most London market insurers are performing well and have strong balance sheets, they must beware of the threat of opportunistic capital exploiting any turn in the market. They must adapt their soft market strategies with this in mind, AM Best has claimed in a report.   24 August 2016
Insurance
EPUL advances business growth strategy with MD appointment
European Property Underwriting (EPUL), a commercial property managing general agent (MGA), has promoted Andrew Whittaker to the position of managing director (MD).   22 August 2016
Insurance
RMS introduces hazard data suite for flood risk in Europe
RMS has introduced a suite of Europe inland hazard data, which provides high-resolutions insight that allows for an accurate estimation of flood risk.   19 August 2016
Insurance
In run-off Scottish Re sees profits rise
Scottish Re Group, which placed its reinsurance business into run-off in 2008, has turned its comprehensive income into positive figures in the second quarter of 2016, while growing rise net premiums earned.   19 August 2016
Insurance
Towergate makes £30m deal with yacht specialists N&G
Navigators & General (N&G), a marine insurance subsidiary of Zurich Group, will provide additional capacity to Towergate for its line of marine products, as part of a strategic partnership between the companies, effective October 1.   19 August 2016
Insurance
S&P claims persistent low interest rates could hit profitability of French life insurers
French life insurers' profitability could suffer if current very low interest rates continue, according to S&P Global Ratings in its latest report, titled “Persistently ultra-low interest rates could mean ultra-low earnings for French life insurers by 2020”.   18 August 2016
Insurance
PCS creates historical database for Turkish cat loss estimates
Property Claim Services (PCS), a Verisk Analytics business, has launched its historical database of industry-wide catastrophe loss estimates for Turkey.   18 August 2016
Insurance
Cat pricing pressure likely to haunt re/insurers for a while
While rates are showing signs of flattening out, the soft market is far from over and reinsurers are having to make tough choices on retaining market share versus protecting profits. Intelligent Insurer reports.   16 August 2016
Insurance
AXIS Capital expands accident and health division via appointment
AXIS Accident and Health, a provider of accident, specialty health and travel-related re/insurance, has appointed Christian Romeih as vice president and business development manager of its Middle East and North Africa reinsurance business.   15 August 2016

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