News
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
Insurance
Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK. 4 September 2018
Insurance
Optimism over a turn in the global reinsurance market after the 2017 catastrophes quickly diminished as the January 1 and midyear renewals proved disappointing, providing minimal pricing increases to reinsurers and leaving market dynamics relatively unchanged, according to a new AM Best report. 4 September 2018
Insurance
CCR Re has enjoyed strong growth since it was launched in January 2017. For the first half of 2018, it posted premium income of €381 million, a 12 percent increase on the same period a year earlier, and net profit of € 17 million, equal to its profit for the whole of 2017. 4 September 2018
Insurance
Reinsurance broker JLT Re has appointed a head of cyber analytics. Jamie Pocock joined JLT in 2010 and has been a member of the JLT Re Analytics Actuarial team. 4 September 2018
Insurance
Specialty re/insurer Canopius has signed an underwriting partnership with credit and political risk managing general agent (MGA) Anvil Underwriting. 3 September 2018
News
NewRe, a wholly owned subsidiary of Munich Re, has appointed Artur Klinger as new chief underwriting officer for the property and casualty business. 3 September 2018
Insurance
Global specialist insurer Hiscox is introducing a customer messaging solution from Boston, Massachusetts-based insurtech firm Hi Marley for AI-powered claims handling communications. 3 September 2018
Insurance
New York-based multi-line regional property and casualty insurer Kingstone has partnered with California-based home telematics company Roost. 3 September 2018
Insurance
AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe. 31 August 2018
Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.