Request Trial

News

Reset all filters
Article Type
Channels & Sectors
Geography
Company
Refine search
Insurance
QGIR to distribute 20 percent share bonus
Qatar’s second largest insurer, The Qatar General Insurance & Reinsurance Company (QGIR), will distribute a 20 percent share bonus following a successful year which saw the company increase its net profit to QR 2.1 billion in 2013 compared with QR 175.5 Million in 2012.   17 March 2014
Insurance
‘Permanently’ impaired reinsurance model drives consolidation
The inability of the reinsurance sector to materially raise rates after 2017's major catastrophe losses shows that the traditional catastrophe reinsurance business model is "permanently" impaired, which, along with other factors, should drive sustained consolidation, according to KBW analysts.   25 May 2018
Insurance
Investors reveal $2.7bn AmTrust deal to take it private
Stone Point Capital, the Karfunkel Family, and the CEO of AmTrust Financial Services are acquiring the insurer in a transaction valued at approximately $2.7 billion.   1 March 2018
News
RGA appoints president
The board of directors of Reinsurance Group of America (RGA) has appointed Anna Manning as president, effective as of 1 December, 2015.   24 November 2015
News
Incumbents may be falling behind in the insurtech race
As money continues to pour into insurtech ventures, there is evidence that only the big, global technology players and true venture capital firms have pockets deep enough to precipitate true disruption in the insurance space. Simon Hayes investigates where this will leave the incumbent players.   11 December 2018
Insurance
M&A deals may not yield value investors expect
Headline-grabbing mergers and acquisitions (M&A) in the reinsurance sector may do little in themselves to help firms cope with the harsh reality of falling prices and low investment returns, increasing the risk that acquisitions will not generate the value investors anticipate long term, Fitch Ratings has warned.   13 September 2015
Insurance
Allianz reshuffles AGCS board as Scheffel retires
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) is making changes to its management board as chief regions and markets officer, Carsten Scheffel retires at the end of June, 2018.   18 December 2017
Insurance
Protection gap in cyber, health more acute than in nat cat
The protection shortfalls in cyber and healthcare risks are more dramatic than for natural catastrophe risk, according to the study “Understanding and Addressing Global Insurance Protection Gaps” released by The Geneva Association.   10 April 2018
Insurance
Berkshire Hathaway 2018 results show P&C growth as Buffett criticises GAAP
Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised.   25 February 2019
Insurance
A Hurricane Andrew repeat would cost $56bn in the US: AIR
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21.   21 August 2017

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.