News
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
Insurance
Zurich Insurance Group has seen growth in its property/casualty (P&C) business in Latin America and Asia Pacific, but this expansion was offset by actions focusing on profitability in North America. 9 May 2018
Insurance
Corporate insurance rates are enjoying healthy rate hikes, which should put Swiss Re Corporate Solutions back on track after some difficult years, and reinsurance rates are seeing smaller increases—but the overall outlook for the industry is a positive one. 8 September 2019
Insurance
The New Zealand government is set to increase the cap limit on residential building earthquake cover (EQC) to $150,000 from previously $100,000. 20 March 2018
Insurance
Bermuda-based Sirius International Insurance Group has become a publicly listed company, trading on the Nasdaq, following the completion of its merger agreement with Easterly Acquisition. 6 November 2018
Insurance
Willis Towers Watson enjoyed solid growth and a big turnaround in its profits in the third quarter of 2018, which increased to $85 million in the period, a big turnaround of 254 percent on the loss of $54 million it made in the same period the year before. 5 November 2018
Insurance
Specialist reinsurer Hiscox Re and Japanese insurance group MS&AD have invested in insurtech startup AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks. 16 January 2019
Insurance
Re/insurer QBE has unveiled plans to consolidate its Asian and European operations into a "large and better resourced" international division; it will also merger its Pacific business with its Australian & New Zealand operations. 5 November 2018
Insurance
UK-based insurance services provider Thomas Miller is acquiring marine consultancy Brookes Bell. 19 January 2018
Insurance
The implementation of parts of C-ROSS, the new solvency regime for China, will drive a requirement for ratings recognised in China, Ulrich Bierbaum, general manager Dagong Europe, told Baden-Baden Today. 20 October 2015
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