News

Insurance

Antares posts good results, increases premium base

Antares has revealed positive results for its syndicate 1274 for 2012, despite noting that both the most expensive ever marine loss for insurers and one of the most expensive storm events ever, happened last year.   10 April 2013

Insurance

IIS chief shows commitment to risk framework

Mike Morrissey, chief executive officer of the International Insurance Society (IIS), conveyed the insurance industry’s commitment to a framework designed to create a more sustainable society, which had been unveiled on the opening day of the Paris COP21 conference on climate change.   7 December 2015

Insurance

RGA execs weigh up on impact of looming US tax reform

The US government is planning a tax reform which is likely to lower corporate taxes, potentially boosting companies’ profits. But executives at Reinsurance Group of America (RGA) remain cautious.   1 February 2017

Insurance

Mitsui buys stake in New Ocean Capital; commits $100m of investment funds

Trading company Mitsui & Co has bought a 15 percent stake in New Ocean Capital Management, the investment management company formed by XL.   24 October 2016

Insurance

Mitsui buys stake in New Ocean Capital; commits $100m of investment funds

Trading company Mitsui & Co has bought a 15 percent stake in New Ocean Capital Management, the investment management company formed by XL.   24 October 2016

Insurance

Broker access to boost Gen Re’s growth

The partnership between Gen Re and TransRe enables the former to improve its access to the broker market as a way to secure growth.   23 October 2016

Insurance

Sompo stalks significant shareholding in SCOR

Sompo Japan Nipponkoa Insurance looks set to buy a substantial stake in French reinsurer SCOR in a deal worth more than $900 million.   6 March 2015

Insurance

M&A and specialisms business drive Bluefin’s growth in 2015

Acquisitions activity and the development of its specialisms business contributed to Bluefin’s growth in the fiscal year 2015, despite a slip in earnings.   31 August 2016

Insurance

JLT Specialty USA names SVP of financial institutions practice

JLT Specialty USA, a US subsidiary of JLT, has appointed Tom Delaney as senior vice president (SVP).   8 June 2016

Alternative Risk Transfer

Firms grasp importance of data assets, yet don’t insure risk

Organisations increasingly recognise the growing value of technology and data assets relative to historical tangible assets, yet they are spending four times more budget on insurance for property, plant and equipment (PP&E) risks, a new report by Aon has revealed.   17 October 2017

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