News
Insurance
After many years of softening, the excess and surplus lines market is now in a state of rehabilitation—but its health remains delicate and some smaller managing general agents have struggled and could ultimately be forced out of the market. 29 May 2013
Insurance
In part two of Intelligent Insurer’s year in review series, we hear from re/insurance leaders from six industry companies with their thoughts on the impact of 2020 on the industry and what trends we’re likely to see in 2021. 18 December 2020
Insurance
Alleghany president Weston Hicks bets on investments outside of re/insurance to boost profitability. Hicks sees little upside from buying back shares, and the company’s $1 billion in relatively liquid assets gives it the flexibility to take advantages of opportunities such as market hardening, if they come to fruition. 29 March 2017
Insurance
Fairfax Financial has acquired QBE’s insurance operations in Ukraine, an operating generating over $5million in gross written premiums. 5 February 2015
Insurance
Given some of the headlines and predictions of big rate hikes in the aftermath of the 2017 cat losses in the US, most buyers will be pleased with what remains a relatively stable environment for rates as they head to Monte Carlo, Mark O’Riordan, group reinsurance director at Ecclesiastical, told Monte Carlo Today. 9 September 2018
Insurance
Ironshore’s Pembroke Managing Agency has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. 16 June 2016
Insurance
Insurance firm Beazley is expanding its fine art and specie capabilities through the hire of two Lloyd’s underwriters in the field, Mark Bosshard and Scott Sellick. 18 May 2016
Alternative Risk Transfer
The wide divergence in loss estimates given by the risk modelling community in the aftermath of the US hurricanes could prompt more re/insurers to invest in their own analytical capabilities and get a better handle on their data. 16 October 2017
Insurance
A one-size-fits-all regulatory approach and global regulatory convergence more generally is a big concern for the US property/casualty (P&C) industry, Jim Wallace, incoming chair of PCI and the chief executive of GuideOne Insurance, told PCI Today. 26 October 2015
Insurance
Ironshore has appointed Emily Merola as branch executive of the Western Pennsylvania and West Virginia region to lead development efforts in the newly established Pittsburgh office. 12 November 2015
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