News
Insurance
Compre, a European re/insurance legacy specialist focused on the acquisition and management of discontinued non-life portfolios, has hired QBE's Simon Hawkins as new chief operating officer (COO). 11 May 2018
News
Insurance Australia Group (IAG), which buys one of the biggest catastrophe reinsurance programmes in the world, has again increased the size of its programme to buy some A$9 billion ($6.3 billion) of coverage for 2019 - A$1 billion more than the year before. 3 January 2019
Alternative Risk Transfer
Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) secured $374,460,000 of indemnity reinsurance from Bellemeade Re 2018-1, a special purpose insurer. 19 April 2018
Insurance
Funding will accelerate the industry’s adoption of its underwriting decision platform 15 November 2019
Insurance
UK commercial insurer RSA has appointed Mandy Hunt to succeed Colin Bradbury as chief underwriting officer (CUO) for commercial risk solutions (CRS), RSA UK & International. 5 July 2018
Insurance
Specialist insurer Hiscox has partnered with London-based artificial intelligence (AI) startup Eigen Technologies to automate multiple internal processes at the firm by launching two pilots. 9 August 2018
Insurance
Recent catastrophe events in Asia are likely to stabilise rates in the upcoming renewals and make any significant rate reductions unlikely, Soeren Soltysiak, chief underwriting officer, treaty, Asia Capital Reinsurance Group, told SIRC Today. 30 October 2018
Insurance
Thomas Firouz Motamed, former CEO of CNA Financial Corporation, has been elected to the board of directors of American International Group (AIG). 16 January 2019
Insurance
Fitch Ratings has warned that UK motor and home insurers could see a drop in profits next year as the regulator, the Financial Conduct Authority (FCA), moves to end high prices for customers who do not shop around for a better deal. 8 October 2019
Insurance
Commercial insurer Markel reported a comprehensive income to shareholders of $1.2 billion for 2017 compared to $667.0 million in 2016. 7 February 2018
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