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RGA sees Q3 2018 income boost
News
Reinsurance Group of America (RGA) has reported third-quarter net income of $301.2 million, up on the $227.6 million it made in the prior-year quarter.   26 October 2018
Insurance
AmTrust at Lloyd’s (ATL) has appointed Lucy Forcey as senior underwriter of North American property catastrophe treaty, a new line of business for ATL Syndicate 1861.   26 October 2018
Insurance
Charles Taylor InsureTech has acquired a majority stake in technology start-up CoVi Analytics to expand into the insurance governance, risk and compliance management technology market.   26 October 2018
Insurance
WR Berkley has appointed Scott Barraclough, the president of excess and surplus lines player Admiral Insurance, as chief executive officer of Berkley Public Entity (BPE), a Berkley Company that specialises in public entities and intergovernmental pools or trusts.   26 October 2018
Insurance
Re/insurance broker Aon has collaborated with property/casualty platform provider Guidewire Software on a scenario for a hypothetical cyber attack on a US hydroelectric dam.   26 October 2018
Insurance
In North America, rates overall were up about 2.5 percent for Chubb in the third quarter of 2018, down from last quarter's 3 percent, CEO Evan Greenberg said during the insurer’s results conference call.   25 October 2018
Insurance
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million.   25 October 2018
Insurance
Asta, a third-party managing agent at Lloyd's, has appointed Paul Jardine and Bob Stevenson to the board of Asta Managing Agency as independent non-executive chairman and independent non-executive director, respectively.   25 October 2018
Insurance
As carriers reassess their priorities and refocus on making underwriting profits, the use of technology and data science will become key to achieving this, and give companies with these capabilities an advantage, Pina Albo, chief executive of Hamilton Insurance Group, told Baden-Baden Today.   24 October 2018
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little.   23 October 2018

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