Intelligent Insurer News

Subscribe to Intelligent Insurer News feed
The latest news from
Updated: 1 hour 10 min ago

JLT takes part in aviation insurance investigation

27 October, 2017 - 09:34
Broker Jardine Lloyd Thompson Group (JLT) said on Oct. 26 that the European Commission (EC) has initiated an investigation into the aviation insurance sector following the UK Financial Conduct Authority’s (FCA’s) discontinuation of its investigation.

Markel posts $259m net loss in Q3

26 October, 2017 - 11:51
Specialty insurer Markel has reported on Oct. 25 that it made a net loss of $259.1 million in the third quarter of 2017 attributable to shareholders.

Arch strikes $368m indemnity ILS reinsurance deal

26 October, 2017 - 11:23
Bermuda-based Arch Capital Group said on Oct. 25 that its mortgage insurance (MI) business obtained $368 million of indemnity reinsurance from Bellemeade Re 2017-1, a special purpose insurer.

The outcome of Irma

26 October, 2017 - 11:12
Hurricane Irma will test the infrastructure and financial wherewithal of some insurers doing business in Florida, particularly newcomers, as Chris Draghi and Michelle Baurkot of AM Best explain.

Estimated property losses for 2016 Italy earthquakes jump

26 October, 2017 - 11:03
The final loss estimate for the series of earthquakes which impacted Central Italy between 26 and 30 October 2016 has been revised upwards by data provider PERILS.

Present in times of catastrophe

26 October, 2017 - 10:51
The 2017 hurricane season could be a defining moment for Bermuda. Greg Wojciechowski of the Bermuda Stock Exchange outlines why this Atlantic storm season may define Bermuda’s role in the world for years to come.

The Great Brexit Breakaway

26 October, 2017 - 10:00
UK-based re/insurers are weighing up their options in terms of where they domicile to carry on writing onshore European business. But where should they locate themselves? Intelligent Insurer investigates.

Munich Re to post €1.4bn loss in Q3, reveals nat cat losses

26 October, 2017 - 09:23
Munich Re is expecting a third-quarter loss of €1.4 billion owing to exceptional major-loss expenditure while projecting a small profit for the full year 2017.

AXIS posts $468m loss in Q3

26 October, 2017 - 09:17
Bermuda-based AXIS Capital Holdings said on Oct. 25 that the company made a net loss attributable to common shareholders of $468 million in the third quarter of 2017.

SCOR makes loss in Q3 due to nat cat hit

26 October, 2017 - 08:49
French reinsurer SCOR said on Oct. 26 that it posted a net loss of €267 million in the third quarter of 2017 due to the impact of natural catastrophes.

ILS: London can find its feet

25 October, 2017 - 14:00
As London takes the first steps towards being able to issue its own ILS deals, Intelligent Insurer assesses the potential of the new ILS framework and discovers that some market participants are bullish about its ability to gain traction quickly.

Hurricane losses hit XL’s Q3 results hard

25 October, 2017 - 11:13
Heavy losses mainly from hurricanes Harvey, Irma and Maria hit the results of the XL Group hard in the third quarter – the re/insurer posting a sizable loss. But the company also enjoyed positive growth in the period.

AIG hires former Connecticut insurance commissioner

25 October, 2017 - 11:08
American International Group (AIG) has appointed former Connecticut insurance commissioner Thomas Leonardi as executive vice president, government affairs, public policy and communications.

WR Berkley pleased by results despite Q3 cat losses

25 October, 2017 - 11:01
Profits at WR Berkley dipped in the third quarter mainly because of catastrophe losses totalling $119 million including $107 million related to Hurricanes Harvey, Irma and Maria, and the earthquakes in Mexico. But the company remained profitable and said it was pleased with its results.

Hiscox appoints LV= exec as new chief investment officer

25 October, 2017 - 10:56
Specialist global insurer Hiscox has appointed Alex Veys as chief investment officer, succeeding David Astor, who is retiring in 2018 after 15 years at the company.

Brit bolsters cyber and tech unit with Nationwide hire

25 October, 2017 - 10:51
Specialty re/insurer Brit has appointed Courtney Mocio as vice president, cyber and technology at its US unit, Brit Global Specialty USA (BGSU).

Beazley adds non-executive director to board

25 October, 2017 - 10:37
Specialist insurer Beazley has appointed David Roberts to its board as a non-executive director.

Chancery Capital hires head of underwriting

25 October, 2017 - 10:30
Chancery Capital has hired Tobey Butcher as head of underwriting. He joins from Enyo Law.

Zurich: At the heart of Europe

25 October, 2017 - 10:00
Zurich has established itself as the go-to risk transfer hub for reinsurers targeting continental Europe. Intelligent Insurer examines why it has been so successful.

HIM losses will be capital event for some syndicates but Lloyd’s steady on cat

25 October, 2017 - 06:25
Despite significant expected losses in the third quarter from hurricanes Irma, Harvey and Maria and potential rate increases as a result, Lloyd’s is not planning to change the market’s overall exposure to natural catastrophes, Jon Hancock, Lloyd’s performance management director, told Baden-Baden Today.


Go to top