Articles
Insurance
UK-based insurance broker Ardonagh Group which includes has reduced its loss in the nine months ending September 2018 compared to the previous year. 29 November 2018
Insurance
Downside credit risks from the California wildfires are currently most pronounced for investor-owned utilities (IOU), which could face large liabilities if IOU equipment is found to have ignited the fires, according to Fitch Ratings. 29 November 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of health insurer Aetna to 'A' from 'AA-'. 29 November 2018
Alternative Risk Transfer
AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is looking to grow the use of ILS to de-risk its portfolio in a strategy that should ultimately be expanded to include the whole group, Greg Hendrick, CEO of AXA XL, suggested during a Nov. 28 press conference. 28 November 2018
Insurance
Specialist commercial insurer CNA Hardy has appointed Carl Day as active underwriter, in addition to his role as head of property, marine and energy. 28 November 2018
Insurance
US-based insurance technology firm Bindable has attracted an investment from EPIC Holdings which operates EPIC Insurance Brokers & Consultants and has agreed on a commercial deal. 28 November 2018
Insurance
AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is targeting higher synergies than previously announced from the combination of the XL Group and AXA businesses while also planning to further reduce the natural catastrophe (nat cat) exposure. 28 November 2018
Insurance
French insurance group AXA is acquiring the remaining 50 percent stake in AXA Tianping Property & Casualty Insurance Company that it does not already own, for a total consideration of ¥4.6 billion (€584 million). 27 November 2018
Insurance
Marken Re Specialty is a new specialty insurance and reinsurance broker that is set to be launched soon by Pieter Vlasbloem. 27 November 2018
Insurance
Specialist re/insurance market Lloyd's has appointed former French central bank governor Christian Noyer as non-executive director of Lloyd’s Council, and independent non-executive director of the Lloyd’s Brussels board. 27 November 2018
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