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The Hartford Financial Services Group CEO Chris Swift is seeking acquisitions in the specialty and commercial spaces while de-emphasizing share buybacks. 30 July 2018
Insurance
California's deadliest current wildfire is getting larger, officials warn, despite thousands of firefighters battling it, in what is described as the worst start to the fire season in 10 years, according to a July 30 BBC News report. 30 July 2018
Alternative Risk Transfer
Bermuda-based Hiscox has benefitted from rate increases in the first six months of 2018 but the specialist re/insurer warns that the momentum is slowing down. 30 July 2018
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge. 27 July 2018
News
While the US individual mortality business bounced back in the second quarter of 2018, the US group business of life reinsurer RGA disappointed, according to CEO Anna Manning. 27 July 2018
Insurance
US-based The Hartford has increased net income in its core property & casualty (P&C) business by 27 percent year on year to $383 million in the second quarter of 2018. 27 July 2018
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business. 26 July 2018
Insurance
Ethos, a new digital life insurer that has recently secured $11.5 million funding led by Sequoia Capital has entered into a partnership with reinsurer Munich Re and mutual insurance company Assurity Life. 26 July 2018
Alternative Risk Transfer
In its July 2018 ILS market update Willis Towers Watson claims that the ILS market continues to power forwards. Intelligent ILS reports. 26 July 2018
Insurance
RSG Underwriting Managers (the underwriting arm of Ryan Specialty Group) underwrites in the global energy markets via two MGUs: Global Special Risks (GSR), which focuses on fossil fuels, and PERse, which focuses on renewable energy. In this article, executives from each unit offer their perspectives on the challenges and opportunities facing these aspects of the energy sector. 26 July 2018
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