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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
Insurance
Enstar Group, an insurance group based in Bermuda, tripled its earnings in the third quarter of 2016, largely due to the contribution of its non-life run-off segment. 9 November 2016
Insurance
Bermuda-based AXIS Capital Holdings has appointed Rhonda Lohmar as vice president, US programmes, for the property/casualty (P&C) team. 3 April 2017
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
Hyperion Insurance is set to acquire RK Harrison following approval by the companies’ respective boards and shareholders. 3 March 2015
Insurance
Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, has revealed a new underwriting leadership structure. 6 September 2017
Insurance
Assured Guaranty has entered into a $13.5 billion reinsurance agreement with Syncora Guarantee (SGI), the wholly-owned New York financial guarantee insurance subsidiary of Bermuda-based Syncora Holdings. 6 February 2018
Operational Risk
Certain businesses continue to see falling turnover as a result of pandemic-related shutdowns and restrictions. Now, another court case has offered insurers greater hope that judges will support their position that not all business interruption claims should be paid. Intelligent Insurer investigates. 18 August 2020
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
Insurers will have to delete two thirds of the records they hold on past customers, losing a vital sales pipeline, under new data protection laws, research from Consumer Intelligence and fast.MAP suggests. 25 May 2017
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