News
Insurance
Bermuda-based RenaissanceRe (RenRe) has reported that second quarter 2017 net income came to $171.1 million, an increase on the $136.3 million it made in the second quarter of 2016. 26 July 2017
Insurance
US insurer Travelers has appointed Michael Casella as senior vice president, international insurance. 20 November 2015
Insurance
The insurance sector is accepting that disruptive technologies will transform the way the industry has been operating over the past decades. As a consequence, traditional insurers have decided that the only way to avoid a shrinking business is to take action and get involved with the thriving insurtech start-up industry through cooperation and M&A. 20 June 2017
Insurance
The re/insurance markets remain cyclical, with the industry operating on the very margins of profitability, a big catastrophic loss would adjust the balance of capital and underwriting opportunity, Alex Maloney, group chief executive of Lancashire, said in the company’s annual report. 14 March 2017
Insurance
Crawford & Company, a provider of claims management solutions, has consolidated its global client & business development and global markets groups into a global client development (GCD) unit. 20 January 2015
Insurance
Bermuda-based Validus Holdings recorded a sharp drop in net income on lower underwriting income and a deteriorating combined ratio. 27 April 2017
Insurance
The proposed acquisition of Montpelier Re might not satisfy Endurance’s appetite, making another deal in the next year likely. 1 April 2015
Insurance
Lloyd’s insurer, Novae Group, has appointed Dan Trueman as head of its new cyber division. He will report to Jonathan Butcher, group underwriting director. 14 January 2014
Insurance
Barbican Insurance has appointed Chris White as underwriting manager of the firm’s energy division. He will report to David Booth, the active underwriter of Syndicate 1955. 12 March 2014
Insurance
Motor re/insurers face a material one-off reserving hit due to the UK’s Ogden personal injury discount rate cut, hurting profitability, but ratings will remain unaffected, Moody's said. 7 March 2017
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