News
Insurance
Specialty re/insurer Brit has reported healthy upward trend in gross premiums as it heads in to 2019, Matthew Wilson, group chief executive officer, said in the company's 2018 results. 15 February 2019
Insurance
German insurance giant Allianz posted a record operating performance in 2018, reaching the upper end of its target. It also expects to generate a larger profit in 2019, provided there are no unforeseen performance interruptions. 15 February 2019
Insurance
C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has strengthened its underwriting team with senior hires from Chubb and AIG. 15 February 2019
Insurance
Lancashire Holdings sustained heavy losses in the fourth quarter but returned to profit in 2018 and improved its combined ratio. 14 February 2019
Insurance
Dutch insurer NN Group saw a major net result loss in its full year results but Lard Friese, NN Group’s CEO, pointed to a positive operating result in a year that saw the integration of Delta Lloyd and a major cost reduction program. 14 February 2019
Insurance
Efforts to rectify issues in AIG’s core underwriting capabilities appear to be paying off as losses reduce year on year in its 2018 results, with Brian Duperreault, AIG’s president and chief executive officer, predicting the firm will “accelerate our progress in 2019”. 14 February 2019
Insurance
Bermuda re/insurer Arch Capital Group saw its income fall year-on-year in fourth quarter 2018, primarily due to the impact of catastrophic events in the year 13 February 2019
Insurance
UK terrorism mutual reinsurer Pool Re has received Parliamentary approval to cover non-damage business interruption losses in the wake of a terrorist attack. 13 February 2019
Insurance
UK-based insurtech startup Digital Risks, a digital-only insurance broker, has achieved Lloyd’s coverholder status, enabling it to cover more specialist risks and insure UK businesses that trade internationally. 13 February 2019
Insurance
Lloyd's broker and delegated authority specialist SSL Endeavour, which has merged under private investment firm JC Flowers, has reshuffled its management team. The move has led to the departure of top executives such as Karen Allen who joined the company nearly four months ago. 13 February 2019
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