News
Insurance
Rate increases have tapered off since the January 2018 renewal, with lower, single-digit rate increases in the June and July renewals, according to Megan McConnell, director of underwriting London at Hiscox Re & ILS. 10 September 2018
Insurance
Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, saying it believes that earnings have settled at a “new normal”, with return on capital likely to be more modest but less volatile than before. 10 September 2018
Insurance
Third Point Re CEO looks forward to re-finding his “muscle memory” around a hard market. 15 September 2020
Insurance
More severe convective storms are occurring in the US, meaning that insurers must increasingly see it as more than simply an attritional loss, Rajkiran Vojjala of RMS told Monte Carlo Today. 8 September 2019
Insurance
Chubb is joining forces with insurtech Bunker Technologies to accelerate new insurance product development for a flexible working environment. 5 April 2018
Insurance
Investment bank analysts have calculated and explained how the huge insured losses from COVID-19 are likely to pan out for the industry, particular companies and lines, and are affecting already firming prices. Intelligent Insurer reports. 30 April 2020
Insurance
Marsh & McLennan Agency, the middle market agency subsidiary of Marsh, acquired employee benefits consulting firm Insurance Partners of Texas. The move follows the recent acquisition of Texas-based iaCONSULTING. 8 May 2017
Insurance
McLarens Aviation, a provider of survey and loss adjusting services to the global aviation industry, has opened a new office in Frankfurt, Germany while hiring a team of aviation adjusters. 3 April 2018
Insurance
Re/insurer XL Catlin has promoted Angie Strack to the position of senior vice president and underwriting manager for its global risk management division's US North Central region, including the greater Chicago-area and upper Midwest. 10 March 2017
Insurance
AmTrust Financial Services has posted a net loss of $96.9 million for the second quarter of 2018 after a net profit of $29.1 million in the same period of 2017 as the company goes private. 10 August 2018
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