Articles
Insurance
Aon’s reinsurance solutions increased organic revenue by 8 percent in the second quarter of 2018 compared to the prior year period, driven by net new business generation globally in treaty and strong growth in facultative placements. 27 July 2018
Insurance
Broker Marsh is “simplifying” the business structure, a move that is expected to profitability and allow for investments, management explained during the group’s second quarter 2018 earnings call. 27 July 2018
Insurance
US-based broker Arthur J Gallagher has increased revenues and reported a jump in earnings in its brokerage business and in the group earnings. 27 July 2018
News
While the US individual mortality business bounced back in the second quarter of 2018, the US group business of life reinsurer RGA disappointed, according to CEO Anna Manning. 27 July 2018
Insurance
The International Underwriting Association (IUA) has published a new Brexit contract continuity clause with a supporting document for when risks are underwritten on a subscription market basis. 27 July 2018
Insurance
US-based The Hartford has increased net income in its core property & casualty (P&C) business by 27 percent year on year to $383 million in the second quarter of 2018. 27 July 2018
Insurance
Specialist insurer Tokio Marine HCC has appointed Susan Rivera as its next chief executive officer effective Sept. 1, replacing current CEO Christopher Williams. 27 July 2018
Insurance
Munich Re has hired John Hennessy as CEO & president of its North American underwriting platform Roanoke Group (RGI). 27 July 2018
Insurance
Insured losses from natural disasters in the first half of 2018 are estimated at $21 billion, 40 percent lower than the 10-year average of $35 billion, according to Aon’s Global Catastrophe Recap: First Half of 2018 report. 25 July 2018
Insurance
UK motor insurers have voted for MIB (Motor Insurers’ Bureau) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. 23 July 2018
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