News
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
Profits and gross written premiums dipped at Lancashire Holdings in the second quarter of 2018. But the company said it has taken advantage of rate increases and remained positive as its chief executive suggested more wind losses this year could begin to dampen appetites in the market, reducing capacity. 26 July 2018
Insurance
Broker Gallagher has bolstered its Manchester-based team with two experienced specialists from Marsh to build out its footprint in the north of the UK. 26 July 2018
Insurance
Bermuda domiciled specialist re/insurer Ascot has launched a new trade credit insurance division in the US while appointing senior executives from Atradius and Zurich. 25 July 2018
Insurance
The casualty business is “the sweet spot today,” WR Berkley CEO Robert Berkley said during the re/insurer’s second quarter 2018 earnings call, while noting that the reinsurance business is dragging. 25 July 2018
Insurance
Bermuda-based insurance group Enstar and private equity firm Madison Dearborn Partners (MDP) are taking a stake in AmTrust Financial Services. 25 July 2018
Insurance
Chubb is expanding the property/casualty (P&C) business as it takes advantage of price increases. 25 July 2018
Insurance
Insured losses from natural disasters in the first half of 2018 are estimated at $21 billion, 40 percent lower than the 10-year average of $35 billion, according to Aon’s Global Catastrophe Recap: First Half of 2018 report. 25 July 2018
Insurance
While the UK’s specialty insurance market is showing only “modest” rate increases, mergers & acquisitions (M&A) are on the rise as insurers look for growth, according to EY UK insurance leader Rodney Bonnard. 24 July 2018
Insurance
Specialist credit and political risk insurance broker BPL Global has created a new specialist division dedicated to excess of loss (XoL) trade credit insurance with a specific focus on the trade finance sector. 24 July 2018
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