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Insurance
RLI absorbs Hawaii volcanic event in Q2
Specialty insurer RLI has been impacted by volcanic activity in Hawaii but managed to improve earnings in the second quarter of 2018 nevertheless.   19 July 2018
Insurance
Willis Towers Watson extends CEO contract
Willis Towers Watson has extended the contract with CEO John Haley for an additional two years in order to facilitate an orderly succession of the chief executive officer position.   19 July 2018
Insurance
Brit expands US claims function with senior hire
Specialty re/insurer Brit has hired Christopher Ballantyne to join its claims team in the newly created role of vice president of delegated claim authority.   7 February 2018
Insurance
Many reinsurers ‘increase cat risk exposure’ to exploit 2019 price uptick, finds S&P Global
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found.   9 August 2019
Insurance
Facebook evidence helps AXA win fraud case against boxing champion
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence.   31 August 2018
Insurance
European insurers target high-margin lines, reduce cost
European insurance companies are increasingly concentrating on high-margin lines and cost efficiencies in order to meet return on equity (ROE) targets, according to AM Best.   28 August 2018
Insurance
Reinsurance MGA, marine specialist form joint venture
Belgium-based reinsurance managing general agency (MGA) FourteenZeroFive and marine group 24Vision.Solutions formed a joint venture to facilitate the take up of reinsurance for engineering and energy placements across Africa.   15 May 2018
Insurance
Willis Re swoops for Canopius exec to build agriculture business in Asia
Willis Re, the reinsurance division of broker Willis Towers Watson, has set up an agriculture team in Asia Pacific with the appointment of Canopius executive David Gregori.   20 February 2019
Insurance
Cat bond issuance reaches $9.7bn in 2018, rate hardening expected: Swiss Re
After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches.   20 February 2019
Insurance
Brit swoops for Navigators to grow US casualty unit
Specialty re/insurer Brit has appointed Mark Richards as senior vice president, general liability for Brit Global Specialty USA (BGSU). He joins from Navigators Group.   2 July 2018

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