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Updated: 1 hour 13 min ago

Sun Life CEO expects 20% earnings growth per year in Asia

31 July, 2018 - 15:01
Sun Life Financial CEO Dean Connor expects to grow earnings at 15 to 20 percent a year in Asia, doubling the size of the business over the next five years, according to the latest AM Best Asia Pacific Edition.

CNA CEO refocuses Lloyd’s syndicate for international turnaround

31 July, 2018 - 12:47
CNA Financial Corporation’s CEO Dino Robusto wants to turn around the international business unit by refocusing the Lloyd’s Hardy syndicate.

Arch provides capacity to new insurtech MGA C-Quence

31 July, 2018 - 12:47
New insurtech managing general agent (MGA) C-Quence has secured underwriting capacity from Arch Insurance Company (Europe).

Ed appoints new marine division director

31 July, 2018 - 11:58
Reinsurance, wholesale and specialty broker Ed has appointed Patrick Jordan as divisional director, marine, based in London.

Randall & Quilter unit strikes underwriting partnership with Atlas General

31 July, 2018 - 11:44
Bermuda-based Randall & Quilter (R&Q) Investment’s wholly owned subsidiary Accredited Surety & Casualty Company (Accredited) has closed a programme underwriting partnership with Atlas General Services Insurance.

Bought By Many embraces the API economy

31 July, 2018 - 11:16
Bought By Many, an insurtech platform that designs and sells niche insurance products, is seeking business partners in Sweden as it launches its pet insurance product in the country in a move that could represent a template for its further expansion.

Arcus Syndicate 1856 promotes Gfeller, Delaney

31 July, 2018 - 09:01
Arcus Syndicate 1856 (Arcus 1856) has promoted Adrian Gfeller to the position of managing director and Gary Delaney to the position of head of operations effective August 1.

Prior year cat losses hit Everest Re in Q2

31 July, 2018 - 08:48
Bermuda-based Everest Re reported a sharp drop in earnings for the second quarter of 2018 compared to the previous year primarily driven by the 2017 hurricane events – Harvey, Irma and Maria.

California Carr fire among top 10 most destructive on record

31 July, 2018 - 08:21
The Carr fire in California which burned nearly 100,000 acres is now among the top 10 most destructive fires on record in California, according to an Aon Cat Alert.

Bought By Many seeks partners in Sweden as it embraces API economy

31 July, 2018 - 08:00
Bought By Many, an insurtech platform that designs and sells niche insurance products, is seeking business partners in Sweden as it launches its pet insurance product in the country in a move that could represent a template for its further expansion.

Canada large property claims drive CNA international loss

30 July, 2018 - 16:15
Large property losses in Canada have impacted CNA Financial Corporation’s international business, the business unit providing insurance solutions tailored to the needs of international businesses.

California wildfires set to impact insurers in Q3

30 July, 2018 - 16:06
The California wildfires could noticeably impact exposed insurers' third quarter 2018 earnings results, according to Keefe, Bruyette & Woods (KBW) analysts.

AXIS names head of new insurtech unit

30 July, 2018 - 15:55
Bermuda-based re/insurer AXIS Capital Holdings has launched a new unit under a former Swiss Re hire to accelerate technological innovations and insurtech partnerships at the company.

ARAG appoints Bristol CII president to key underwriting role

30 July, 2018 - 15:54
Germany-based legal expenses insurance provider ARAG has appointed Chris Morter to the role of before-the-event (BTE) underwriting manager.

DARAG secures €260m capital for global growth

30 July, 2018 - 11:25
DARAG, a European legacy acquirer owned by Keyhaven Capital Partners, has secured an equity funding of up to €260 million to support growth plans for the business.

Hartford CEO seeks acquisitions in commercial, specialty

30 July, 2018 - 11:25
The Hartford Financial Services Group CEO Chris Swift is seeking acquisitions in the specialty and commercial spaces while de-emphasizing share buybacks.

Hong Kong reinsurers receive China preferential treatment

30 July, 2018 - 11:25
The China Banking and Insurance Regulatory Commission (CBIRC) and the Insurance Authority (IA) of Hong Kong have reached an agreement to allow preferential treatment for qualified reinsurers in Hong Kong.

Liberty eyes Nordics expansion with newly created role

30 July, 2018 - 11:18
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is looking to expand its reach in the Nordic region, allowing it to underwrite and service more business through its office in the Netherlands.

California's deadliest current wildfire gets larger

30 July, 2018 - 11:17
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.

Hyperion makes Swiss Re hire for renewables growth

30 July, 2018 - 10:57
RKH Specialty, part of the Hyperion Insurance Group, has appointed Deborah Duss as a divisional director in its marine, energy and construction practice to boost renewables growth.

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