Articles
Insurance
European legacy acquirer DARAG Group has purchased a portfolio of Italian non-life business, consisting primarily of motor third party liability from DONAU Versicherung. 22 January 2019
Insurance
Allianz Global Corporate & Specialty (AGCS), Allianz group's specialist corporate insurer, has launched a new reinsurance branch in India to capitalise on opportunities in what it calls one of the fastest emerging re/insurance markets, while expanding its business in Asia Pacific. 21 January 2019
Insurance
Lloyd’s of London should spend more time focusing on the US and less time trying to grow in fast-emerging economies, Andrew Brooks, incoming chair of the Lloyd’s Market Association, according to the Financial Times. 14 January 2019
Insurance
Re/insurer MS Amlin's chief financial officer (CFO) John Worth is stepping down from his role to join Hastings Group, a UK-based insurance provider. 14 January 2019
Insurance
AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa” of HDI Global Specialty SE (Germany). 14 January 2019
Insurance
Munich Re-backed insurtech firm Trov is expanding its on-demand insurance offering to four additional states in the US. 14 January 2019
Insurance
P&C re/insurers face higher year on year catastrophe losses in the fourth quarter of 2018 results reflecting hurricane Michael, California wildfires, and some smaller events, but overall losses should be manageable, according to Keefe, Bruyette & Woods (KBW) analysts. 14 January 2019
Insurance
Specialist insurer Beazley has appointed two financial lines underwriters at the company's hub for continental Europe in Barcelona. 14 January 2019
Insurance
Positive P&C pricing and rising investment income in the US insurance sector are expected to be offset by slower reserve releases and higher loss trends in 2019, according to Morgan Stanley analyst Kai Pan. 14 January 2019
Insurance
The overall impact of catastrophe losses on property rates was muted at the January 1, 2019 reinsurance renewals, according to Guy Carpenter. 14 January 2019
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