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Insurance
Specialist insurer Hiscox’s latest trading statement for the first nine months of 2019 shows that gross written premiums grew by 7.3 percent in constant currency to $3,212.6 million (2018: $3,044.6 million), with growth in every segment. 4 November 2019
Insurance
Berkshire Hathaway’s reinsurance division rebounded into profit in the third quarter, as premiums grew amid stronger demand. 4 November 2019
Insurance
The 16th Singapore International Reinsurance Conference (SIRC) concluded on Friday at the Sands Expo and Convention Centre. This year, the conference attracted a record number of over 1,100 delegates representing over 400 companies and 53 countries from the insurance, reinsurance and broking community. 4 November 2019
Insurance
The insurance industry has welcomed the U.S. House Financial Services Committee voting by 57 votes to zero to advance a bill to extend the Terrorism Risk Insurance Act (TRIA). 1 November 2019
Insurance
Ascot has launched a management liability and financial institutions group, with the appointment of Ryan Becker as executive vice president. 1 November 2019
Insurance
PERILS, a Zurich-based company providing industry-wide catastrophe insurance data, has extended its market coverage to include New Zealand. 1 November 2019
Insurance
New York-based Ironshore has named Thomas F. Leahy, Jr. as president of IronPro, its professional and management liability division, effective November 1, 2019. 1 November 2019
Insurance
Argo Group International Holdings, an international underwriter of specialty insurance and reinsurance products, has established a new reporting structure led by newly appointed executive vice presidents. They will report to Kevin Rehnberg, president, group chief administrative officer and head of the Americas for Argo. 1 November 2019
Insurance
Mapfre Re reported a sharp fall in profit yesterday, hurt by an increase in claim frequency, and shares in Mapfre fell 4.6 percent despite strong growth for other parts of the company. 1 November 2019
Insurance
Media reports of differences between modelled losses and actual claims following Typhoon Jebi reflect a misguided expectation that the modelled figures include factors not covered by the models factors that the re/insurers using the models know they need to consider. 31 October 2019
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