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Insurance
Zurich has posted a dramatic fall in its net income for the first three months of 2016 as the company felt the effects of initiatives designed to de-risk its portfolio and cut costs. 12 May 2016
Insurance
Bermuda-based Everest Re reported a net loss of $639.4 million for the third quarter of 2017. 31 October 2017
Insurance
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016. 15 December 2017
Insurance
Chubb has launched a suite of three transactional risk liability insurance products for the UK and London markets. 10 May 2016
Insurance
The property/casualty reinsurance sector will merge to end up in a similar structure as the global life reinsurance sector, SCOR CEO Denis Kessler said during a Nov. 6 S&P Global Ratings insurance conference in London. 6 November 2018
Insurance
AmWINS has acquired non-standard auto insurance managing general agent Cabrillo Pacific Insurance Services and claims and appraisals administrator Tidewater Pacific Adjusters. 2 July 2014
Insurance
Rates will likely continue to increase through 2018 as opposed to fizzling out, S&P Global Ratings has suggested in a new report. 25 January 2018
Insurance
AmTrust at Lloyd’s is looking to combine its three non-life Lloyd’s syndicates into a single entity, and has applied for the approval. 11 September 2017
Insurance
US-based insurance brokerage firm Venbrook has entered into a partnership with property/casualty insurer The Hartford to launch a third-party logistics (3PL) warehouse practice. 24 July 2017
Insurance
AM Best has revised the outlooks for the main non-life insurance subsidiaries of Zurich Insurance Group to stable from negative following corrective actions by the management on the group’s property & casualty (P&C) operations. 11 December 2017
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