News
News
Swiss Re walked away from almost $2 billion of business including substantial portions of contracts in China in the January renewals due to rates being below its targeted risk-adjusted levels, the company has revealed. 23 February 2017
Alternative Risk Transfer
The ILS markets will evolve as a result of lessons learned in the past 12 months, gaining sophistication and depth in the process, says Jeff Mohrenweiser of Fitch Ratings. 28 October 2018
Insurance
Dutch insurer Delta Lloyd increased its gross written premiums in the first nine months of 2016 as it stressed it has also exited unprofitable and unattractive business segments as part of a wider ongoing restructuring. 16 November 2016
Insurance
UK comprehensive car insurance prices rose 18 percent on an annualized basis to £847 in the second quarter, the biggest quarterly rise in seven years, pushing the cost of UK car insurance close to an all-time high. 10 July 2017
Insurance
Lloyd’s specialist underwriter White Oak Underwriting Agency (WOUA) has appointed Patricia Watling as jewellery and fine arts underwriter as it launches a specialist fine art, classic car and general specie capacity aimed at both the private and commercial markets. 18 February 2014
Insurance
Private equity firm Yunfeng Financial Group is the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit. 21 August 2017
Insurance
Insurance premium tax is set to hike to 9.5 percent in the UK from 6 percent, George Osborne, the UK Chancellor of the Exchequer, revealed today. 8 July 2015
Insurance
Bermuda-based Everest Re has reported that it made a profit of $245.7 million for the second quarter of 2017, a marked improvement on the $155.7 million it made in the same period of 2016. 25 July 2017
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to PCI Today. 15 October 2017
Insurance
Chubb Bermuda and Aon Bermuda have launched a management liability collaboration. 3 May 2016
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