Articles

Insurance

MGA capacity set to grow but carriers split on direction of travel, finds Clyde & Co survey

Fourth fifths (80 percent) of carriers expect to increase MGA capacity in 2019, according to a survey of more than 100 insurers and MGAs conducted by global law firm Clyde & Co.   1 July 2019

Insurance

Lloyd's hires US Northeast regional director from BMS

Lloyd’s, the specialist insurance and reinsurance market, has appointed Dawnmarie Black as US Northeast regional director.   21 March 2018

Insurance

Allianz invests in mobile bank

Allianz X, the digital investment unit of the Allianz Group has co-led N26’s $160 million Series C funding round and joins its board of directors alongside a list of notable investors.   20 March 2018

Insurance

Rate increase slows down for Chubb in North America

In North America, rates overall were up about 2.5 percent for Chubb in the third quarter of 2018, down from last quarter's 3 percent, CEO Evan Greenberg said during the insurer’s results conference call.   25 October 2018

Insurance

Euler Hermes expands XoL unit with former AIG execs as co-heads

Trade credit insurer Euler Hermes has appointed Alexia Parmentier and Tim Hoggarth as co-heads of its London-based excess of loss (XoL) unit with immediate effect.   17 January 2017

Insurance

Aspen reduces loss in Q3 ahead of Apollo takeover

Bermuda-based Aspen Insurance Holdings has reduced its loss in the third quarter of 2018 as the company experienced a lower catastrophe impact.   25 October 2018

Insurance

IGI combined ratio rises to 103% in 2017

United Arab Emirates-based International General Insurance Holdings (IGI) saw its combined ratio deteriorate to 103 percent in 2017, compared to 87.5 percent in 2016.   19 March 2018

Insurance

Markel enters surety business with new execs from Aviva and Euler Hermes

Specialist insurer Markel International has launched a surety offering following its appointment of new executives from Aviva and Euler Hermes.   9 March 2017

Insurance

Chubb appoints new head of surety for Europe, UK & Ireland

Property/casualty insurer Chubb has appointed Mike Berry to serve as head of surety for Europe, and Jamal Griffith as head of surety for the UK and Ireland.   7 September 2018

News

P&C reinsurance rates expected flat or falling in 2019

P&C reinsurance buyers said they expected reinsurance prices to remain flat or fall slightly during 2019, reflecting intense competitive pressure amid increased take-up of alternative capital and abundant total capacity, according to a Moody’s survey.   7 September 2018

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