News

Insurance

SCOR benefits from below average nat cat losses in H1

Below average natural catastrophe losses at 2.3 percent of premium has helped SCOR to deliver an improved underwriting performance in the first half of 2018.   26 July 2018

Insurance

Wins in reinsurance boosts growth at JLT but profits dip as it ‘transforms’

JLT Group enjoyed strong growth in its reinsurance segment in the first halve of 2018 but its profits were hit by the costs associated with its global transformation programme, which it claims will eventually benefit the business to the tune of £40 million a year.   26 July 2018

Insurance

Insurers must embrace social media to woo Generation Y

The way in which insurance companies operate is the polar opposite of Generation Y (millennials), a generation synonymous with technology and social media.   22 September 2017

Insurance

Harvey flooding total property damage at up to $75bn

Property losses from the flooding in Texas caused by Hurricane Harvey’s record-breaking rainfall will reach between $65 billion and $75 billion, according to estimates by catastrophe modelling firm AIR Worldwide.   7 September 2017

Insurance

EY promotes new lead in Bermuda

EY has promoted Pete Cangany to senior partner for Bermuda. He will lead the practice with diverse responsibilities within the group.   17 June 2014

News

Patria Re boosts Lloyd's Syndicate with Berkley Re hire

Latin American reinsurer Patria Re has hired Nick Benardout to manage its Syndicate 6125.   13 June 2017

Insurance

AXA follows Allianz with €0.6bn China investment

French insurance group AXA is acquiring the remaining 50 percent stake in AXA Tianping Property & Casualty Insurance Company that it does not already own, for a total consideration of ¥4.6 billion (€584 million).   27 November 2018

Insurance

Ed obtains Guernsey license; hires Willis Towers Watson exec director

Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission.   6 September 2017

Insurance

Beazley picks Aon exec for regional leadership role in US

Specialist insurer Beazley has appointed Andrew Mehrhoff as head of broker relations for its north central region in the US.   6 September 2017

Insurance

RFIB launches Singapore operation in Asian expansion

Lloyd’s re/insurance broker RFIB Group said on Oct. 30 that it has launched RFIB (Singapore). The new operation will serve as a hub for the continued development of RFIB’s presence across Asia, according to the statement.   30 October 2017

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