News

Insurance

Swiss Re P&C H1 reinsurance net income jumps 38%

Swiss Re has significantly increased its earnings in the P&C reinsurance business in the first half of 2018 due to a “strong” underwriting performance supported by a benign large loss experience.   3 August 2018

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

Insurtech Quantemplate secures funds for expansion, appoints CEO

Insurtech firm Quantemplate has received £2.5 million of new capital to accelerate its expansion plans while appointing David Lundgren as CEO and board director.   12 December 2017

Insurance

Q2 profits dip but Zurich hails turnaround in underlying performance

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

UK government’s plans to raise IPT creates backlash in insurance sector

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

Innovation and accessibility

In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference.   12 September 2018

Insurance

CNA CEO refocuses Lloyd’s syndicate for international turnaround

CNA Financial Corporation’s CEO Dino Robusto wants to turn around the international business unit by refocusing the Lloyd’s Hardy syndicate.   31 July 2018

Insurance

APC acquires run-off insurer from Towergate

APC Underwriting, the commercial insurance managing general agent, has acquired run-off insurer Folgate Insurance Company from the Towergate Group.   3 September 2014

Insurance

The Hartford hires former Gen Re president

Morris Tooker, the former president of Gen Re’s property/casualty reinsurance business, has resurfaced at US insurer The Hartford.   21 July 2015

Insurance

RenRe responds to investor call to seek a buyer

RenaissanceRe Holdings has responded to a letter by its investor TimesSquare Capital Management, urging the Bermuda-based re/insurer to review its strategy and seek a buyer for the business.   3 October 2018

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