Articles
Insurance
The insurer made a net profit of €1.9 billion in the third quarter, an increase of 23.6 percent compared with the same period the year before. 9 November 2018
Insurance
Africa Re made an underwriting loss in the third quarter of 2018 while its investment portfolio also suffered – but its CEO said he remains positive it can produce a good underwriting profit and a commendable investment performance for the whole of 2018. 9 November 2018
Insurance
Neil Maidment, Beazley's chief underwriting officer (CUO), has been appointed as an independent non-executive director of Lloyd’s board with effect from February 2019. 9 November 2018
Insurance
The Standard Club Asia, managed by Charles Taylor Mutual Management (Asia), has collaborated with Chinese insurer Ping An to underwrite protection and indemnity (P&I) risks in China. 9 November 2018
Insurance
AXIS Capital Holdings has said its preliminary pre-tax loss estimate for Hurricane Michael will be in the range of $100 million to $120 million, net of estimated recoveries from reinsurance and retrocessional covers and including the impact of estimated reinstatement premiums. 9 November 2018
Insurance
New insurtech startup Pricing Platform has developed a new software application that it claims will transform the commercial property underwriting market. 9 November 2018
News
Munich Re has expanded the property/casualty (P&C) reinsurance business by 16 percent year on year in the first nine months of 2018 and chief financial officer Jörg Schneider is confident that this new business is of good quality. 7 November 2018
Insurance
The shareholders of re/insurance broker Jardine Lloyd Thompson Group (JLT) have approved the $6.4 billion acquisition deal of JLT by Marsh & McLennan Companies (MMC). 7 November 2018
Insurance
Munich Re is partnering with Berlin-based Fraugster in the area of artificial intelligence-based fraud detection. The reinsurer has also invested in the startup's latest funding round. 7 November 2018
Insurance
Markel International has signed a memorandum of understanding (MoU) with UAE export credit company Etihad Credit Insurance (ECI). 7 November 2018
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