News
Insurance
New York-based insurance holding company AmTrust Financial Services saw its profits plummet in the second quarter of 2017 as the cost of a retroactive reinsurance agreement weighs on results and the combined ratio deteriorates. 9 August 2017
Insurance
Swiss Re CEO Christian Mumenthaler hinted at the benefits of a potential deal that would see Japan’s SoftBank acquiring a stake in the reinsurer during the full-year 2017 results presentation. 26 February 2018
Insurance
QBE North America has appointed Daniel Franzetti as chief claims officer (CCO). 17 February 2016
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has entered the agricultural sector as part of its strategy to provide a growing range of specialist sector-based products for the UK small and medium enterprises market. 13 July 2015
Insurance
Over half of UK based small and medium-sized enterprises (50.8 percent) say that their insurance broker has not raised the issue of cyber insurance with them, according to a survey by specialist lines underwriting agency CFC Underwriting. 8 May 2017
Insurance
London market insurers performed well in the first half of 2016 and entered the second half of the year with strong balance sheets. But recent good performance conceals fundamental challenges to the market’s competitive position and prospective profitability, AM Best has said in a report. 6 September 2016
Insurance
Lloyd’s has appointed Daniel Revilla as head of Latin America. He will be responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market. 14 October 2016
News
Aspen Insurance Holdings has announced that its reinsurance segment, Aspen Re, has opened a new hub for the Middle East and Africa (MEA) in Dubai. 11 April 2016
Insurance
Catastrophe modelling firm AIR Worldwide (AIR) has collaborated with Pana Harrison (Asia), a Singaporean and Lloyd's registered general insurance and reinsurance broker, to better assess and manage catastrophe risk on behalf of its clients. 20 May 2014
Insurance
The levels of severe weather that has hit the US Midwest so far this year are more than double their respective 2005-2015 averages, according to the records of the National Oceanic and Atmospheric Administration’s (NOAA) Storm Prediction Center. 9 March 2017
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