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Pricing pressure weighs on global reinsurers’ H1 results
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21.   21 August 2017
Insurance
Munich Re Syndicate launches new cyber insurance cover for oil and gas sector
Munich Re Syndicate at Lloyd’s said on Aug. 21 that it has introduced an insurance solution to cover cyber exposure for the independent oil and gas sector.   21 August 2017
Insurance
Hiscox partners with tech start-up in social media project
Specialist insurer Hiscox said on Aug. 21 has partnered with tech start-up Digital Fineprint to investigate how social media data can be used to better educate the smallest businesses on the risks they face and the insurance solutions available to help mitigate them.   21 August 2017
Insurance
Verisk Analytics unveils $250m Sequel acquisition
Data analytics provider Verisk Analytics said on Aug. 21 that it has signed a definitive agreement to acquire London-based software provider Sequel from HgCapital and other Sequel shareholders for a purchase price of £250 million.   21 August 2017
Insurance
Jack Ma-backed Yunfeng in $1.7bn insurance acquisition
Private equity firm Yunfeng Financial Group is the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit.   21 August 2017
Insurance
Euler Hermes unveils new CEOs for Southeast Asia and China 
Trade credit insurer Euler Hermes has announced two senior executive appointments in its Asia Pacific region.   18 August 2017
News
JLT Re grows Bermuda operation with Somerset hire
Reinsurance broker and consultant JLT Re has hired Somerset executive Nicolas Bardon as a partner in its Bermuda operations, reporting to head of the office Guy Hengesbaugh.   18 August 2017
Insurance
QBE emerging markets CEO steps down after ‘disappointing’ results
Australia’s re/insurer QBE said on Aug. 17 that the company’s CEO of emerging markets David Fried is stepping down after the operations reported disappointing underwriting results in the first half of 2017.   17 August 2017
Alternative Risk Transfer
Hong Kong reacts as it loses insurance business to Singapore
Hong Kong is losing insurance business to Singapore, but the local authorities are implementing an action plan to strengthen its position as Asia’s insurance hub.   17 August 2017
Insurance
Global insured losses from disasters fall in H1 2017
Global insured and economic losses declined year on year in the first half of 2017, according to preliminary sigma estimates.   17 August 2017

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