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Munich Re will target higher profits by growing its property/casualty (P&C) reinsurance business, turning around its primary insurer ERGO, taking advantage of digitisation and by cutting costs, CEO Joachim Wenning explained during the reinsurer’s second-quarter results presentation. 9 August 2018
Insurance
Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018. 9 August 2018
Insurance
Global commercial insurance prices rose in the second quarter of 2018 for the third consecutive quarter, according to Marsh. 9 August 2018
Insurance
Specialist commercial re/insurer International General Insurance Holdings (IGI) has strengthened its energy offering with the appointment of James Green as senior underwriter for downstream energy. 9 August 2018
Insurance
Specialty insurance group Tokio Marine HCC has appointed Christopher Skarinka as chief operating officer (COO) for its professional lines and public risk groups, which specialises in small accounts errors & omissions (E&O) coverage and municipality business. 9 August 2018
Insurance
Broker Gallagher has strengthened its UK construction division within the speciality business with the appointment of Julie Scott. 9 August 2018
Insurance
Pension reinsurance provider Prudential Financial and Aviva Life and Pensions UK have struck their first longevity reinsurance transaction. 8 August 2018
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey. 8 August 2018
Insurance
Hastings Group, the UK driven insurance provider, enjoyed a 5 percent growth in its gross written premiums in the first half of the year and a 22 percent growth in its operating profit. 8 August 2018
Insurance
Nephila Capital, a Bermuda-based investment manager specializing in reinsurance risk, has received in-principle approval from Lloyd's board to form its own managing agency. 7 August 2018
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