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Berkshire Hathaway Reinsurance Group made a profit in the second quarter of 2018 as performance in both property/casualty (P&C) as well as life/health (L&H) underwriting improved. 6 August 2018
Insurance
The deal with The Carlyle Group will make it easier for AIG to divest the rest of its DSA Re legacy portfolio, AIG CEO Brian Duperreault said during the group’s second quarter earnings call. 6 August 2018
Insurance
Asian general insurer MSIG Insurance has entered into a strategic partnership with Plug and Play, a startup accelerator and corporate innovation platform. 6 August 2018
Insurance
Compass Underwriting, a specialist underwriting agency in the accident and health (A&H) market, has partnered with specialist bike insurer Bikmo to provide an accident and injury insurance product for self-employed couriers working in the gig economy. 6 August 2018
Insurance
Switzerland-based insurance platform wefox has entered the Italian market and closed a partnership with brokerage Mansutti. 6 August 2018
Insurance
American International Group (AIG) has reported an underwriting loss for its general insurance operations in the second quarter of 2018 as the loss ratio deteriorated. 3 August 2018
Insurance
French insurer AXA and XL Group have reduced potential catastrophe impacts by around 40 percent relative to 2017 ahead of the merger of the two entities, according to AXA’s first half 2018 earnings presentation. 2 August 2018
Insurance
American International Group (AIG) has appointed David McElroy as CEO of its surplus lines insurer Lexington Insurance Company. 2 August 2018
Insurance
Bermuda-based Aspen Insurance Holdings has reported a loss in the second quarter of 2018 due to the impact of investments and foreign exchange. 2 August 2018
Insurance
US personal lines insurer Allstate Corporation has increased net income by 15.8 percent year on year in the second quarter of 2018. 2 August 2018
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