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Updated: 2 hours 38 min ago

Cyclone Burglind (aka Eleanor) to cost industry €756m

3 January, 2019 - 09:54
Extratropical Cyclone Burglind, also known as Eleanor, which hit the UK and Europe in January 2018, will cost insurers some €756 million, according to insurance data company PERILS’ final loss estimate.

Pricing gap highlighted by new Willis Re report

2 January, 2019 - 11:00
Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest 1st View renewals report from Willis Re.

QBE implements post-Brexit plans

2 January, 2019 - 10:55
Business insurance specialist QBE European Operations has implemented its post-Brexit plans, following its Part VII transfers coming into effect on January 1, 2019.

Generali completes India transaction

2 January, 2019 - 10:54
Generali Group has completed its plan to increase its stakes in Future Generali insurance joint ventures in India to 49 percent from 25.5 percent.

Arch completes Ardonagh deal

2 January, 2019 - 10:53
Arch Insurance Europe has finalised its acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment.

China Re finalises Chaucer acquisition

2 January, 2019 - 10:51
State-owned reinsurance group China Re has completed its 100 percent equity acquisition of Hanover Insurance international Holdings - the holding company of Chaucer Holdings - from The Hanover Insurance Group.

Reinsurance rates down 1.2% at Jan renewals: JLT Re

2 January, 2019 - 10:49
JLT Re's global property-catastrophe reinsurance index fell 1.2 percent at the January 1 renewals, despite 2018 being one of the costliest years in terms of catastrophe losses.

Enstar finishes up Maiden Re transaction

2 January, 2019 - 10:44
Enstar Group has announced that one of its wholly-owned subsidiaries completed a previously announced transaction to acquire Maiden Reinsurance North America from a subsidiary of Maiden Holdings.


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