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Updated: 1 hour 23 min ago

Competition and concentration key for European non-life: ratings agency

6 November, 2019 - 12:56
Primary focus of Europe’s largest non-life insurers is their local markets.

MassMutual approves billion dollar dividend payout

6 November, 2019 - 12:35
The company will have paid more than $15 billion of dividends over the past decade.

US cat losses push FedNat’s combined ratio upwards

6 November, 2019 - 12:16
Excess of loss reinsurance costs rise as homeowners book grows.

Global Indemnity sees combined ratio improvement

6 November, 2019 - 12:04
Re/insurer reports on first nine months of 2019 in Q3 results.

EPIC launches 'first of its kind' cannabis insurance program

6 November, 2019 - 11:17
Commercial product addresses significant gap in coverage.

AmWINS appoints Alex Kaplan as executive VP for alternative risk

6 November, 2019 - 11:03
Appointee has been involved in initiatives including ‘helping to establish the US National Flood Insurance Program’s first engagements with the (re)insurance industry’.

Third Point Re reports loss for third quarter

6 November, 2019 - 10:46
Third Point Re incurred net catastrophe losses of $12.7 million…..related to Hurricane Dorian and Typhoon Faxai.

Combined ratio dip for The Hartford

6 November, 2019 - 10:24
This is primarily due to the inclusion of Navigators results in global specialty.

PRA sounds warning on reserve inadequacy

6 November, 2019 - 09:54
This will be a particular focus for firms with material exposures to longer‐tail casualty lines.

Delek Group completes sale of Israel-based insurance firm

6 November, 2019 - 09:41
Controlling stake goes to UK-based venture capital fund and US-based investment funds group.

Argo's Mark Watson steps down as CEO

6 November, 2019 - 09:21
The news comes as SEC investigates compensation practices.

Hannover Re raises profit estimates as pricing picks up

6 November, 2019 - 00:00
‘In the coming year we are looking for a relatively stable profit contribution from property and casualty reinsurance’.

Aviation safer, but claims and risks grow – Allianz study

5 November, 2019 - 15:54
Insurers are facing more costly claims in aviation for collisions, groundings and aircraft repairs, even though there have been fewer fatal accidents.

Insurtech Previsico hires Brogden from Aviva

5 November, 2019 - 15:47
Previsico, a UK-based flood forecasting insurtech, has hired Graham Brogden from Aviva as part of expansion plans.

MGA Ensurance grows underwriting team with two new hires

5 November, 2019 - 15:42
Niche construction and engineering MGA Ensurance has increased its underwriting team with the recruitment of Brad Green as senior underwriter and Courtney Varney as underwriting assistant.

Insurer Lemonade embroiled in legal spat with Deutsche Telekom over use of pink

5 November, 2019 - 15:25
Insurance company Lemonade is embroiled in a legal row with Germany’s Deutsche Telekom (DT) over the use of pink.

Atradius appoints Capdevila as new CEO

5 November, 2019 - 11:15
Atradius N.V has appointed David Capdevila as its new CEO, to take effect from January 1, 2020.

AXA XL boosts UK life, accident & health with hires and promotions

5 November, 2019 - 11:04
AXA XL has strengthened its UK Life, Accident & Health team with key hires and promotions.

Oxbridge Re reports Q3 2019 net loss despite risk focus that minimised cost impacts of Dorian, Hagibis and wildfires

5 November, 2019 - 10:56
Oxbridge Re has reported a net loss in its third quarter 2019 results, although Jay Madhu, president and chief executive officer, praised the reinsurer’s “conservative risk management underwriting focus” for helping the company “remain unaffected by the devastation” caused by Hurricane Dorian, Typhoon Hagibis and the recent California wildfires.

NMU includes cover for reputational harm loss in cyber product

5 November, 2019 - 10:51
Specialty insurer NMU has extended its standalone cyber product CyberSafe to now include a range of new services and extended benefits, chiefly customer payment fraud protection, and cover for business interruption loss resulting from reputational harm.

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