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Insurance
Rate increases in the January 2018 renewals were lower than expected after the significant natural catastrophe losses of the third quarter of 2017 but retrocession catastrophe programmes increased by up to 20 percent, according to a JLT Re market report. 26 January 2018
Insurance
Sompo International, a Bermuda-based specialty provider of property/casualty re/insurance has made a series of leadership appointments in the London Market, a "strategic growth area" for the company. 26 January 2018
Insurance
The chief executive of Navigators says he sees great potential for expansion in the European retail market for its specialty products. 24 January 2018
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
Insurance
Specialist insurer Beazley has strengthened its international specialty lines teams across Europe with a series of hires from Aon, Chubb and Tokio Marine, among others. 23 January 2018
Insurance
American International Group (AIG) is taking over Validus in order to diversify the business into reinsurance and to add a Lloyd’s syndicate, management suggested in a Jan. 22 conference call discussing the deal. 22 January 2018
Insurance
American International Group (AIG) CEO Brian Duperreault makes his first major move to reshape AIG and position it for profitable growth. 22 January 2018
Alternative Risk Transfer
American International Group (AIG) has entered into a definitive agreement to acquire all outstanding common shares of Bermuda-based Validus Holdings. 22 January 2018
Insurance
Loss estimates for the HIM Hurricanes (Harvey, Irma & Maria) are beginning to rise, according to investment firm Jefferies. 22 January 2018
Insurance
The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best. 19 January 2018
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