Articles
Insurance
Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations. 8 August 2018
News
Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund. 8 August 2018
Insurance
S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated). 8 August 2018
Insurance
Zurich Insurance has appointed Saad Mered to CEO and chief agent of Zurich Canada. 8 August 2018
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey. 8 August 2018
Insurance
Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals. 8 August 2018
Insurance
White Mountains Insurance Group enjoyed a big increase in its revenues in the second quarter of 2018 mainly driven by the additional revenues of NSM Insurance HoldCo, an insurance programme administrator it acquired for $274 million, this year. But its overall profits deteriorated. 8 August 2018
Insurance
Dutch insurance group Aegon has agreed to divest the last substantial block of its life reinsurance business to SCOR Global Life. 8 August 2018
Insurance
Hastings Group, the UK driven insurance provider, enjoyed a 5 percent growth in its gross written premiums in the first half of the year and a 22 percent growth in its operating profit. 8 August 2018
Insurance
An initial public offering (IPO) of the UK closed life book business ReAssure would be credit positive for Swiss Re because it would reduce the group’s exposure to credit and market risk, according to Moody’s. 7 August 2018
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