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Insurance
Reinsurers’ underwriting performance declined in the first half of 2016 due to higher natural catastrophe losses – and the negative trend is set to continue into 2017, according to Fitch Ratings. 10 October 2016
Insurance
Zurich Insurance Group has completed the acquisition of Australian travel insurer Cover-More Group in a A$741 million ($565 million) deal that expands its travel portfolio and positions Zurich as a top three global travel insurance provider. 13 April 2017
Insurance
UK insurer RSA has expanded its partnership with the Africa-based insurance network Globus to five more territories in the region. 21 February 2017
Insurance
Marine protection and indemnity (P&I) insurers have strengthened their balance sheets in the past 12 months and benefited from low loss experience, leading S&P Global Ratings to take positive rating actions, including upgrading three insurers. 21 February 2017
Insurance
ARAG Group, a European insurance group, has launched a new company in Canada, headquartered in Toronto. 3 November 2016
Insurance
Bermuda-based reinsurer RenaissanceRe almost doubled its net income in the third quarter of 2016 in comparison with the same period of 2015. 2 November 2016
Insurance
Bermuda-based RenaissanceRe CEO Kevin O'Donnell described the recent renewals as “successful,” while profits fell in the first quarter of 2018 despite improvements on the underwriting side. 2 May 2018
Insurance
Allianz Global Corporate & Specialty (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia, seeking to capitalize on opportunities from the growing insurance markets. 23 November 2017
Insurance
Bermuda’s re/insurers are expected to fund a quarter or more of approximately $100 billion in aggregate insured losses from the recent nat cat events, according to preliminary estimates from the Association of Bermuda Insurers & Reinsurers (ABIR). 11 October 2017
Insurance
Commercial insurer CNA is succeeding in pushing up rates in most lines apart from workers’ compensation, CEO Dino Robusto said during the insurer’s first quarter 2018 results conference call. 1 May 2018
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