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Insurance
PERILS appoints Swiss Re exec as head of Asia Pacific
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney.   27 April 2017
Insurance
Willis Towers Watson appoints head of broking Great Britain
Broker Willis Towers Watson has appointed Clyde Bernstein as the head of broking, Great Britain, for its corporate risk and broking division.   27 April 2017
Insurance
Disruptive Capital buys controlling stake in insurtech REG for US expansion
Disruptive Capital Investments, a £250 million fund controlled and managed by City financier Edi Truell, has acquired a majority stake in REG (UK), an online counterparty risk management platform for the UK general insurance market.   27 April 2017
Insurance
Reinsurance business causes drop in AXIS Capital's Q1 profits
Axis Capital has seen its net income drop in the first quarter of 2017 as the reinsurance underwriting profit plummets.   27 April 2017
Insurance
Aspen profit falls in Q1 on weaker underwriting results
Bermuda-based Aspen Insurance has reported a drop in net income for the first quarter of 2017 as underwriting profitability deteriorates.   27 April 2017
Insurance
Qatar Re and Antares drive Q1 growth at Qatar Insurance Company
Qatar Insurance Company (QIC), the insurance group that owns Qatar Re and Antares, enjoyed solid growth in the first quarter of 2017 driven by contributions from these reinsurance and speciality insurance subsidiaries specifically.   26 April 2017
News
Cat losses hit CCR but open market reinsurance unit drives growth
Higher levels of catastrophe losses pushed profits at French government-backed reinsurer CCR down in 2016 but the company enjoyed some healthy growth largely driven by it writing more business in the open reinsurance market via the newly-created CCR Re.   26 April 2017
Insurance
Climate change is making flood maps irrelevant – but insurers are responding
Traditional flood mapping that uses historical records of rainfall, river flow and flood levels, is rapidly becoming outdated and irrelevant because of the impact of climate change, according to Paul Drury, data manager at specialist flood modeler Ambiental.   26 April 2017
Insurance
ILS tipped for record year despite slower Q1
The insurance-linked securities (ILS) market is “firing on all cylinders” and set for rapid growth stemming from a robust pipeline, despite issuance in the first quarter of 2017 lagging levels in the same quarter a year earlier, according to a report by Willis Towers Watson Securities.   26 April 2017
Insurance
Q1 profits soar at Chubb driven by P/C unit
Chubb enjoyed a very profitable first quarter and strong growth aided by underwriting income generated by the property/casualty business leading to substantial underwriting income and improved investment returns.   26 April 2017

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