Articles
News
Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance Growth Report mid-year update. 1 August 2018
Insurance
The Hartford Financial Services Group CEO Chris Swift is seeking acquisitions in the specialty and commercial spaces while de-emphasizing share buybacks. 30 July 2018
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge. 27 July 2018
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business. 26 July 2018
Insurance
RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year. 25 July 2018
Insurance
Cayman Islands-based specialist property and casualty reinsurer Greenlight Capital Re's (Greenlight Re's) chief operating officer (COO) Michael Belfatti is stepping down from his position as of Sept. 1, 2018. 23 July 2018
Insurance
The Federal Emergency Management Agency (FEMA) warned over the consequences if the US congress fails to reauthorise the National Flood Insurance Program (NFIP) that will expire on July 31, 2018. 23 July 2018
Insurance
American International Group (AIG) has completed its acquisition of Bermuda-based Validus Holdings after receiving regulatory and shareholder approvals. 18 July 2018
Insurance
Jonathan Clark has been elected president of the Chartered Insurance Institute for 2018/2019, replacing Lloyd’s CEO Inga Beale. 18 July 2018
Insurance
The aviation insurance market faced further upwards pricing pressure in the first half of 2018 driven by “on-going underwriting discipline and three-tier market conditions,” according to the JLT’s most recent Airline Insurance Market Update. 18 July 2018
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