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Bermuda-based Everest Re has reported that it made a profit of $245.7 million for the second quarter of 2017, a marked improvement on the $155.7 million it made in the same period of 2016. 25 July 2017
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
Insurance
Cyber risk has topped the list of concerns for reinsurers for the first time, reflecting the anxieties around underwriting a risk that’s constantly changing and the rising threat to reinsurers themselves, according to a new report by PwC. 10 September 2017
Insurance
The many reinsurers that have developed substantial primary operations could be in for a backlash from their cedants, as Intelligent Insurer discovers. 10 November 2016
Insurance
MGA owners perform better if their interests are aligned with those of their carriers. Citadel Risk Services has developed a unique way of achieving this, as Mike Palmer of Citadel explained to Baden-Baden Today. 22 October 2018
Insurance
A soft market squeezing profitability in the insurance and reinsurance market is the biggest concern for executives, according to an online survey conducted among Intelligent Insurer readers. 28 December 2016
Insurance
The European Parliament has voted to object to the regulatory technical standards (RTS) for the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation. 15 September 2016
Insurance
Motor liability is unlikely to disappear with the emergence of self-driving cars because the critical decisions will remain the responsibility of the driver, UnipolRe CEO Marc Sordoni told Intelligent Insurer. 18 May 2017
Insurance
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential. 1 June 2017
Insurance
Underwriting agency Hispania Global Underwriting, part of Hispania Group, partnered with PartnerRe Wholesale, the specialist SME-focused division of PartnerRe, to target the Spanish market, with underwriting authority extended to Italy and Portugal. 11 November 2015
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