News
Insurance
Lloyd’s coverholder Brockwell Capital has completed its London team with the addition of two senior underwriters Andrew Graham and Alec Goodair. 17 April 2018
Insurance
The natural catastrophe losses of 2017 revealed some “surprising” disparities in reinsurers' exposures and their estimated return periods, according to a new report by S&P called ‘Are Global Reinsurers Ready For Another Year Of Active Natural Catastrophes?’ 26 July 2018
Insurance
Ben Rubin, the recently appointed head of mergers and acquisitions (M&A) at Integro, talks to Intelligent Insurer about his love for the industry, piloting private jets and the Blackhawks. 8 July 2015
Insurance
UK-based specialist insurer Pension Insurance Corporation (PIC) said on July that it concluded a £1 billion longevity reinsurance agreement with SCOR. 12 July 2017
Insurance
Fitch Ratings has reduced the outlook for Cayman Islands-based XL Group subsidiary XL (XLIT) and its property/casualty re/insurance subsidiaries to negative after “a meaningful deterioration in capitalization” following third-quarter nat cat losses. 30 October 2017
Insurance
Profits dipped at IAG Group in the first six months of its reporting cycle to December 31, 2016, but its CEO said that commercial pricing in Australia and New Zealand has passed the bottom of the cycle. 22 February 2017
Alternative Risk Transfer
Bermuda-based Markel CATCo Investment Management (Markel CATCo) said on Oct. 30 that it raised over $1.8 billion for its private fund as a result of additional investments from both existing and new investors. 30 October 2017
Insurance
Bermuda-based RenaissanceRe Holdings reported a net loss attributable to shareholders of $3.5 million for the fourth quarter of 2017 but claims “strong execution at the January 1 renewals”. 1 February 2018
Insurance
Specialist insurer Hiscox has appointed Eric Micheals as chief underwriting officer in the US. He replaces Nicole Goodwin, who is retiring. 10 January 2018
Insurance
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
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