News
Insurance
US-based insurer Assurant saw its 2018 net earned premiums and other income rise substantially on the back of its acquisition of The Warranty Group (TWG) in May 2018. 13 February 2019
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates. 13 February 2019
article
European insurers are well positioned to manage the disruption caused by Brexit but, warns global ratings agency S&P, any wider global downturn will bring volatility, which is likely to mean persistent low interest rates. 13 February 2019
Insurance
Bermuda reinsurer Maiden Holdings is faced with battling a class action lawsuit, which alleges that the company and some of its former officers misled investors over the nature of underwriting and risk management controls relating to reinsurance agreements with AmTrust. 12 February 2019
Insurance
Bermuda specialty re/insurer Argo Group enjoyed strong growth and better profits in 2018 by “optimising its portfolio” and growing in lines with most “profit potential” according to its CEO. 12 February 2019
Insurance
Lloyd’s underwriter StarStone is closing its Australia office following a "strategic review" and has appointed Agile Underwriting as a representative agent for the global specialty insurer in Australia and New Zealand. 12 February 2019
Insurance
Bermuda-based re/insurer Ascot and specialty insurer Beazley have come together to launch a Lloyd’s based cargo consortium that uses insurtech solutions to help manage risk and claims performance. 12 February 2019
Insurance
Axa has seen a “striking” jump in the perception of climate change as the top emerging risk in its latest survey, said Hélène Chauveau, head of emerging risks at the company. 12 February 2019
Insurance
Figures from Swiss Re show that “$1.3 trillion (70 percent) of global economic losses derived from natural catastrophes in the past 10 years were uninsured”. Gethin Jones and Laurent Sabatié co-founded Skyline Partners to address this gap and have started by focusing on weather risks in India. Intelligent Insurer speaks to them to find out how they plan to close the global protection gap. 12 February 2019
Insurance
Commercial insurer CNA made “significant progress in 2018” despite a fourth quarter hit by catastrophe losses, said chairman and CEO of CNAFinancial Corporation Dino Robusto as the company announced its full year results. 11 February 2019
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