Articles
Insurance
Insurance firms in the Americas region will continue to “dominate” global M&A activity despite a predicted drop in deal-making for the first half of 2019, a report from law firm Clyde & Co has said. 4 March 2019
Alternative Risk Transfer
UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic). 1 March 2019
Insurance
Marine insurance provider Skuld will cease underwriting business from its Lloyd's syndicate 1897 in a move the company hopes will 'improve its profit potential', but will lead to role reductions and some staff departures in London. 28 February 2019
Insurance
Bermuda-based reinsurer Third Point Re posted a net loss for both the fourth quarter 2018 and the full year, driven by "poor investment performance combined with modest catastrophe losses", according to its CEO Rob Bredahl. 28 February 2019
Insurance
HDI Global Specialty, a creation of a merger of the specialty lines activities of Hannover Re and HDI Global, has acquired Neon Underwriting’s bloodstock team. 28 February 2019
Insurance
US-based property/casualty insurer The Hanover Insurance Group has expanded its specialty leadership team with a series of talent investments. 27 February 2019
Insurance
The board of the Argo Group has described a letter by Voce Capital Management, a shareholder in the company, which heavily criticises Argo’s performance and leadership, as misleading, inaccurate and a “personal attack” on its chief executive Mark Watson III. 26 February 2019
News
Re/insurer Hiscox CEO Bronek Masojada praised the company’s “strong growth” in its 2018 results as he said the “tough action” taken in its London Market business was paying off. 25 February 2019
Insurance
Marine insurance provider Skuld reported a 4.3 percent net increase in renewals for mutual protection and idemnity gross tonnage year-on-year from 2018 to 2019. 25 February 2019
Insurance
Broker Willis Towers Watson has appointed Ben Dunston as head of broking in Asia to lead its next phase of growth, based in Singapore. 25 February 2019
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