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Insurance
The UK motor insurance sector has delivered its best underwriting results since 2006, largely as a result of an increase in reserve releases by insurers. But premiums will still increase unless recent legislative changes deliver. 23 April 2014
Insurance
Bermuda-based Validus posted a solid set of results for the first quarter of 2015 as it benefited from growth at Validus Re. 1 May 2015
News
Against a backdrop of unrelenting market pressures on reinsurers, including an elongated soft market and increased competition for business on all fronts, Mark O’Riordan, head of group reinsurance at Ecclesiastical, is seeking stability and long-term relationships. 11 September 2016
Insurance
A pioneering vehicle widely regarded as one of the first sidecars to be formed to write property-catastrophe reinsurance on a quota share basis is being wound up – a move that will represent a stark reminder to investors of the pitfalls of insurance-linked investments. 6 March 2015
Insurance
The Guardian Life Insurance Company of America, one of the nation’s largest mutual life insurers, has appointed Marc Costantini, formerly of Manulife Financial Corporation, as chief financial officer (CFO). 24 April 2014
News
Carsten Prussog, currently head of reinsurance development at Munich Re, will become president of the specialty markets division of Munich Re's US property/casualty reinsurance subsidiary, Munich Re America. 6 June 2013
Insurance
American International Group (AIG) has announced it has taken a number steps to streamline its businesses narrow focus, improve financial performance and return capital to shareholders. 24 November 2015
Insurance
Run-off acquirer Catalina Holdings has entered into a definitive agreement with NationsBuilders Insurance Company (NBIC) to transfer a portfolio of US residential construction liabilities. 26 June 2014
Insurance
Modernising the London Market is essential if it is to compete with other re/insurance hubs and competitors in the world. But resistance from the front office, where brokers and underwriters may be reluctant to change their behaviour, could threaten the plan’s success. Intelligent Insurer reports. 11 August 2016
Insurance
Global re/insurance company XL Group is planning to redomesticate its parent holding company’s place of incorporation to Bermuda from Ireland. 29 February 2016
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