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The reinsurance industry emerged relatively unscathed from the heavy catastrophe losses of 2017 with its shareholders’ equity increasing and its combined ratio nowhere near as bad as in 2005 and 2011 – two most recent years severely hit by cat losses. 23 April 2018
Insurance
Insurer Thomas Miller has appointed Alan Grant, the current deputy chairman of Dual International, as a non-executive director. 20 March 2015
Insurance
Novae Group, the specialist listed Lloyd’s insurer, has appointed Reeken Patel, formerly of PricewaterhouseCoopers (PwC), as its chief risk officer. 28 April 2014
Insurance
UK insurer RSA has expanded its partnership with the Africa-based insurance network Globus to five more territories in the region. 21 February 2017
Insurance
Marine protection and indemnity (P&I) insurers have strengthened their balance sheets in the past 12 months and benefited from low loss experience, leading S&P Global Ratings to take positive rating actions, including upgrading three insurers. 21 February 2017
Insurance
Barbican Group Holdings has appointed Ken Curtis as chief executive of Barbican Managing Agency effective from September 2 2013. 31 July 2013
Insurance
Bernstein analysts expect US nat cat prices to increase by an average of 10 percent and US commercial property to go up by on average 5 percent as a result of insured losses caused by Hurricane Irma, Harvey and Maria. 4 October 2017
Insurance
Global players are facing competition from regional reinsurers in Latin America, said S&P Global Ratings analyst Pedro Breviglieri. 14 November 2017
Insurance
Blockchain has the potential to be a catalyst for innovation in many industries, including the re/insurance industry, and taking advantage of new technology is exactly what re/insurers need to do, according to Giacomo Ganz, client manager of the Americas at Allianz SE. 14 November 2017
Insurance
Ratings agency AM Best has removed American International Group (AIG) from ‘under review with negative implications’ and affirmed its Long-Term Issuer Credit Rating (Long-Term ICR) after analysing recent actions taken by the US insurers. 24 May 2017
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