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Insurance
Insured losses stemming from Typhoon Hagibis in Japan will be between $7 billion and $11 billion, according to catastrophe risk modelling company RMS. 4 November 2019
Insurance
Markel UK, the division of Markel International that provides insurance, tax and legal services for SMEs, has acquired Caunce O’Hara & Company Ltd, following regulatory approval from the FCA. 4 November 2019
Insurance
Reinsurance Group of America, a global provider of life reinsurance, has reported third quarter net income of $262.8 million down from $301.2 million reported for the prior-year quarter. 4 November 2019
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
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
More than half, 53 percent, of respondents to a survey carried out by Intelligent Insurer said they are actively partnering with or investing in insurtech companies, and insurtech is high on the agenda at SIRC this year. 31 October 2019
Insurance
If typhoons Faxai and Hagibis prove as big an insurance event as Jebi, domestic primary insurers’ capital and earnings assessment will take a hit, Eiji Kubo of S&P Global Ratings tells SIRC Today. 31 October 2019
Insurance
The cyber market is exhibiting good momentum, with efforts being made to ensure the coverage is more explicit, Sven Althoff, member of the executive board for Hannover Re, told SIRC Today. 31 October 2019
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