News
Insurance
The board of governors of state-backed Citizens Property Insurance Corporation approved rate increases for personal lines policyholders. 21 June 2017
Insurance
The recent wave of consolidation in the industry is being driven partly by re/insurers acknowledging their high costs and attempting to reduce them, increasing profitability in the process, Matthew Wilken, president of Argo Re, told Baden-Baden Today. 23 October 2018
Insurance
A magnitude 6.5 earthquake struck Jiuzhaigou County in northern Sichuan Province in southwestern China, catastrophe modelling firm AIR Worldwide said on Aug. 8. 9 August 2017
Insurance
Argo Group’s acquisition of Ariel Re in February 2017 helped drive solid growth in the business, which posted impressive increases in gross written premiums and profits in the second quarter of 2017. 8 August 2017
Insurance
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to Willis Re. 2 July 2018
Insurance
Dublin-based UnipolRe plans to expand its telematics operations in Europe to Germany, France and the UK, CEO Marc Sordoni told Intelligent Insurer. 17 May 2017
Insurance
Re/insurer XL Catlin has expanded its marine team with the addition of Stephen Clark as vice president, national hull and liabilities practice leader in Chicago, and Alison Rizzi as senior ocean marine underwriter in New York. 4 October 2017
News
Peak Reinsurance is mulling over a possible flotation in Hong Kong to support the reinsurer’s long-term growth and development, AM Best said in its Sept. 5 Best Week Asia-Pacific edition, citing Fosun International chief financial officer Robin Wang. 6 September 2017
Insurance
Speciality insurer Chaucer has taken its first steps into the world of third party capital by forming its first reinsurance sidecar, formed to provide collateralized capacity for Chaucer Syndicate 1084’s global reinsurance portfolio in 2018. 21 December 2017
Insurance
The Dublin-based subsidiary of Chaucer, an insurance group underwriting at Lloyd's, is to establish a branch in London to write a range of international specialty insurance and reinsurance business. 5 September 2017
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