Articles
Insurance
The US property/casualty industry’s net underwriting income improved in the first half of 2018 to $5.3 billion, compared with a $5.0 billion underwriting loss in the same prior-year period, according to data by AM Best. 24 August 2018
Insurance
The Hartford’s move to acquire its close neighbour Navigators Group has taken many by surprise—but it could make good strategic sense for the company, which can now target global growth. Its aspirations for the reinsurance side of its new business will also raise a few eyebrows in the market, as Intelligent Insurer finds. 24 August 2018
Insurance
Hawaii has been hit with strong winds and torrential rain as Hurricane Lane approaches the US state, causing flash flooding and landslides, according to an Aug. 24 BBC News report. 24 August 2018
Insurance
Ryan Specialty Group has a growing presence in the marine market — a confluence of market conditions and its own strategic decisions could mean further growth, as Intelligent Insurer finds out. 23 August 2018
Insurance
Hartford Financial Services Group is acquiring The Navigators Group for $2.1 billion in a move that will see the US insurer expand its offerings and underwriting risk appetite. 22 August 2018
Insurance
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a study by Juniper Research. 22 August 2018
Insurance
London-based Joint Hull Committee (JHC) has appointed Paul Newton as its new chairman, succeeding Peter Townsend, who stepped down in June. 22 August 2018
Insurance
Industrial lines insurer HDI Global has been impacted by numerous property claims in the first six months of 2018, leading to a decline in underwriting results. 20 August 2018
Insurance
Aon has appointed Brian Wanat as chief broking officer of US commercial risk solutions. 17 August 2018
Insurance
Continental Europe is ripe for an expansion of managing general agents (MGAs) and Ryan Specialty Group (RSG) is willing to take advantage of the growth potential for niche products in the region, Michael Rice, chairman and CEO of RSG Underwriting Managers (RSGUM), and Peter McKenna, CEO of RSG Europe, tell Intelligent Insurer. 17 August 2018
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