News
Insurance
The recent wave in terrorist attacks in Europe, which included events in Nice, Brussels and Paris, may prompt the insurance industry to innovate and create new products, and governments to redefine the term terrorism. 12 September 2016
Insurance
Marine insurers attending the annual International Union of Marine Insurance conference in Berlin this September will have no shortage of talking points. The sector is increasingly having to respond to external threats and changes while still grappling with age-old challenges including pirates. Intelligent Insurer reports 14 September 2015
Insurance
Although Munich Re issued a profit warning in September as a result of the Fall nat cat events in Mexico and the US, it is still not ready to release figures for the losses. Hermann Pohlchristoph, a member of Munich Re’s Board of Management, said in a press briefing at Baden-Baden that the company was reluctant to be the first to release such figures. 24 October 2017
article
Randall & Quilter Investment Holdings (R&Q) has announced the sanction of the transfer pursuant to Part VII of the Financial Services & Markets Act 2000 of business from Liverpool & London Steamship Protection & Indemnity Association (L&L) to R&Q Insurance (Malta) (RQIM). 23 December 2015
article
The profits of reinsurer Hannover Re increased in the third quarter of the year despite what the company described as sustained pressure on prices and conditions, especially on the property/casualty side. 4 November 2015
Insurance
The disruptive impact of insurtech, consolidation and further severe cat losses dominate the worries of our readers as they reflect on 2018—but they also appear resigned to grappling with such difficulties as the market heads into 2019. Those were some of the findings of the Intelligent Insurer year-end online survey. 20 December 2018
News
Reinsurers that have released reserves quickly may find that they have exhausted their ability to support current reported profits from past reserves, according to rating agency Standard & Poor’s (S&P). 24 August 2015
Insurance
Arthur J Gallagher (AJG), the international broking division of Arthur J Gallagher & Co outside of the US, has said its specialist binding authority and facility division will now trade as Capsicum Delegated Authority. 3 November 2015
Insurance
AXA’s business mix will fundamentally change once its acquisition of XL Group is completed. Property/casualty (P&C) business will represent half its book of business as it diversifies away from being mainly a life & savings insurer. 5 March 2018
News
The reinsurance industry is reaching a point where economics will prevent further significant price reductions. 18 February 2015
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