News
Insurance
Pricing is the biggest threat to reinsurers’ profitability as combined ratios suggest that the industry is getting close to reporting underwriting losses, according to Fitch Ratings. 27 January 2017
Insurance
Insurers based in the UK are creating new entities in the EU to ensure access to the market after Brexit, but the move is set to involve low numbers of staff, Standard & Poor’s suggested in a May 16 briefing in London. 17 May 2017
Insurance
Catastrophe insurance data provider PERILS has updated its ‘Wind-Jeannie’ website, which provides live forecasts of insurance industry losses from European windstorms, with more up-to-date loss forecasts based on recent windstorm events. 24 October 2016
Insurance
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by Category 4 severe tropical Cyclone Debbie, which made landfall today (March 28) in Queensland, Australia. 28 March 2017
Insurance
Germany-based legal expenses insurance provider ARAG has criticized the Association of British Insurers (ABI) for the way it responded to the UK’s personal injury discount (Ogden) rate decision. 10 March 2017
Insurance
Risk modelling agencies have said it is too early for loss estimates following the earthquake in central Italy this week but two have suggested that many residential properties may not be insured against earthquake risk. 25 August 2016
Insurance
In its last set of full-year results ahead of its acquisition by Fairfax, Allied World Assurance Company posted a solid set of results for 2016 with gross written premiums stable and an increase in its profits driven largely by its investment performance. 2 February 2017
article
David Margrett has launched a new London Market consolidator aimed at brokers and managing general agents trading in the global, specialty insurance and non-treaty reinsurance markets. 1 November 2013
Insurance
Specialty insurer and reinsurer Brit Insurance has confirmed its plans to float on the London Stock Exchange. The offering, likely to take place in April, could value the company at as much as £1 billion. 4 March 2014
Insurance
The demand for cyber insurance is growing fast, and companies are increasingly seeking a bespoke solution that matches the specific needs of their industry. Jamie Bouloux, the chief executive officer of EmergIn Risk, part of RSG Underwriting Managers Europe Limited (RSGUM Europe), explains to Intelligent Insurer how his firm is offering just that. 10 September 2016
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