News
News
On the back of expansion through acquisitions, an upgrade, investments in technology and solid organic growth, Sava Re is heading into this year’s renewal season in a buoyant mood, says CEO Marko Jazbec. 10 September 2018
Insurance
There will be less talk of rate reductions in Baden-Baden this week as buyers and brokers have both accepted that further reductions will not help the market, Geoffrey Peach, executive vice president of TransRe Europe and chief executive of TransRe London, told Baden-Baden Today. 24 October 2016
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
The insurance industry opposes ideas put forward in a European Commission consultation to either transfer some conduct of business powers from the European Insurance and Occupational Pensions Authority (EIOPA) to the European Securities and Markets Authority and/or to merge EIOPA with the European Banking Authority. 17 May 2017
Insurance
There is no point bemoaning the lack of a truly hard market, for the reality could be that the industry’s cycle has flattened out for the long term, says Gerry Tighe at Matrix Insurance & Reinsurance Brokers. 12 November 2018
Insurance
New Zealand-based credit and financial risk re/insurer CBL Corporation is set to acquire US insurer Affirmative Direct Insurance Company for $5.7 million. 27 March 2017
Insurance
After eight years of good earnings, profitability is expected to plummet in 2016 for the UK home insurance market with the sector posting a net combined ratio of 99 percent, according to an EY analysis. 21 October 2016
Insurance
Munich Re incurred a net loss of €1.4 billion in the third quarter of 2017 due to the impact of natural catastrophes in North America but expects “significant” market recovery. 9 November 2017
Insurance
Zurich Insurance Group posted a steady set of results for the first nine months of the year but said that it anticipated improvements in pricing now on the back of the recent heavy cat losses in North America. 9 November 2017
Insurance
Property/casualty insurer Dorchester Insurance Company, a subsidiary of Topa Insurance Group, has appointed Jim Schallert as president following the retirement of Nosh Marfatia. 27 June 2016
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