News
Insurance
ArgoGlobal Assicurazioni, a European subsidiary of Argo Group International Holdings, has partnered with Italian insurance broker Axieme to provide gig workers with on-demand insurance cover. 15 January 2019
Insurance
Automation is set to transform commercial insurance lines with investments in this field expected to increase, particularly affecting the property business, according to a survey including 300 commercial insurers conducted by Intelligent Insurer. 15 January 2019
Insurance
ASQ Underwriting, part of Alliant Underwriting Solutions, has launched a programme to provide bespoke transactional risk insurance to broker trading partners across North America. 14 January 2019
Insurance
Re/insurer MS Amlin's chief financial officer (CFO) John Worth is stepping down from his role to join Hastings Group, a UK-based insurance provider. 14 January 2019
Insurance
P&C re/insurers face higher year on year catastrophe losses in the fourth quarter of 2018 results reflecting hurricane Michael, California wildfires, and some smaller events, but overall losses should be manageable, according to Keefe, Bruyette & Woods (KBW) analysts. 14 January 2019
Insurance
Positive P&C pricing and rising investment income in the US insurance sector are expected to be offset by slower reserve releases and higher loss trends in 2019, according to Morgan Stanley analyst Kai Pan. 14 January 2019
Insurance
The overall impact of catastrophe losses on property rates was muted at the January 1, 2019 reinsurance renewals, according to Guy Carpenter. 14 January 2019
Insurance
French insurer AXA plans to move its international risk and reinsurance operations from the UK to Ireland in preparation for Brexit, according to a Jan. 10 Reuters report. 11 January 2019
Alternative Risk Transfer
Global reinsurance capital decreased in the third quarter of last year though the mix of capital available changed within this with alternative capital supplying a higher percentage of what was available to insurers, according to a report by Aon. 11 January 2019
Insurance
Bermuda-based re/insurer Arch Capital Group has estimated pre-tax losses of $110 million to $130 million related to 2018 fourth quarter catastrophic events, primarily due to Hurricane Michael and the California wildfires. 11 January 2019
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