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Insurance
Specialist insurer Markel Corporation has appointed Jennifer Chang as underwriter and senior risk analyst in its trade credit and political risk operation in New York. 5 September 2018
Insurance
Bermuda-based Catalina Holdings has appointed Parri Spector director of mergers and acquisitions (M&A) and reinsurance transactions. 5 September 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of US health insurer Cigna Corporation’s operating subsidiaries to 'A' (Strong) from 'A+'. 5 September 2018
Insurance
Specialist re/insurance broker THB has hired a senior broker from Ed Broking. Matthew Gould will join THB's aviation team, reporting to division director Tom Thompson. 5 September 2018
Insurance
Germany-based legal expenses insurance provider ARAG has teamed up with insurtech startup Dinghy to offer legal services and protection to freelance professionals. 5 September 2018
Insurance
Catastrophe modelling firm AIR Worldwide and reinsurance broker Capsicum Re are collaborating in the development of silent cyber modelling capabilities. 4 September 2018
Insurance
The managing general agent (MGA) and programme markets in the US have continued to outpace the growth of the rest of the property-casualty market in 2017, according to a new study by investment firm Conning. 4 September 2018
Insurance
Africa Re has increased the underwriting loss to $24.1 million in the first half of 2018 from $18.8 million in the same period of 2017. 4 September 2018
News
Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, on the belief that earnings have settled at a "new normal". 4 September 2018
News
Global reinsurers’ returns are expected to barely cover capital costs in 2018 and 2019 and the current stable outlook on the global property/casualty reinsurance sector would likely change to negative if the industry's profitability sustainably fell below its cost of capital, S&P Global Ratings warned in a report. 4 September 2018
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