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Insurance
Universal Insurance Holdings said on Oct. 10 that the bulk of the expected losses from Hurricane Irma will be picked up by reinsurance while noted that it is protected from a potential market hardening. 11 October 2017
Insurance
The trend of buyers rationalising their reinsurance programmes—using fewer, bigger players with a broader reach—has benefited Berkshire Hathaway, Manfred Seitz, managing director of international reinsurance at Berkshire Hathaway, told Monte Carlo Today. 14 September 2015
News
Stock prices for publicly traded reinsurance companies increased moderately during 2015 and remained well above the overall market with just two of 18 selected companies experiencing negative stock price movement, according to a new AM Best report focused on reinsurance companies’ stock performance in fourth-quarter 2015. 13 April 2016
Insurance
A drop in underwriting profit and a deterioration of the combined ratio have made net profit at Dubai-based International General Insurance Holdings (IGIH) decline in the first six months of 2017. 21 August 2017
News
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21. 21 August 2017
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) is currently estimated at €1.466 billion, according to the Zurich-based catastrophe insurance data provider PERILS. 28 February 2018
Insurance
Reech Corporations Group has agreed a significant seed investment in German insurtech start-up FinanzRitter, in the latest addition to its growing pan-European portfolio of fintech businesses. 28 February 2018
Insurance
Insurance assets for sale in the UK due to Solvency II and demand for acquisitions in Asia Pacific (APAC) are set to drive M&A activity in 2017, according to accounting and advisory firm KPMG. 17 March 2017
Insurance
Broker Aon has appointed Jay Sharma in its risk management unit Aon Risk Solutions, and Tom Terragno in Aon Hewitt, the global talent, retirement and health solutions business. 23 January 2017
Reinsurance
AM Re has facilitated the introduction of Asian capacity providers to US risk a match that benefits both parties and which is going from strength to strength as a result, Shevawn Barder, the company’s chief executive, tells Intelligent Insurer. 3 July 2019
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