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Insurance
The Lloyd’s Franchise Board has granted Dale Underwriting Partners ‘in principle’ approval to establish a special purpose arrangement (SPA). 31 July 2017
Insurance
The robust expansion of Asian economies and domestic insurance markets will spur reinsurance activity in the region, Fitch Ratings said on July 31. 31 July 2017
Insurance
Lloyd’s syndicate Probitas 1492 said on July 31 that it a shareholder agreement has been signed with Saudi Re. 31 July 2017
Insurance
Bermuda-based specialist insurer Hiscox has seen its pre-tax profit halve in the first six months of 2017 as foreign exchange rates impacted results. 31 July 2017
Insurance
Ratings agency S&P Global has lowered its long-term counterparty credit and senior unsecured debt ratings on Markel Corporation to 'BBB' from 'BBB+' following its recent M&A activity. The outlook is stable. 28 July 2017
Insurance
Lancashire Holdings has announced that it made a net operating profit of $30.9 million over the second quarter of 2017, an improvement over the $25.6 million it made in the same period of 2016. 27 July 2017
Insurance
With implementation of the European General Data Protection Regulation looming, companies could be faced with hefty penalties should they not meet the new data security demands. Many firms are unprepared but there is also the possibility the fines could be insured, meaning this is now a double-edged sword for insurers. Intelligent Insurer investigates. 27 July 2017
Insurance
Re/insurer SCOR had a profitable second quarter in 2017, which it attributes to a low amount of natural catastrophe losses. 27 July 2017
Insurance
Reinsurance broker Guy Carpenter has hired Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the US and Canada. 17 July 2017
Insurance
American International Group (AIG) has appointed Seraina Macia as executive vice president and chief executive officer (CEO) of a new planned subsidiary that aims to transform the way that AIG delivers and underwrites commercial insurance. 13 July 2017
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