Articles

Alternative Risk Transfer

CATCo chairman expects further rate declines at 2019 January renewals

The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals.   20 August 2018

Insurance

IGI expands 20% in H1

International General Insurance Holdings (IGIH) grew gross premiums written by 20 percent year on year to $165.87 million in the first six months of 2018, driven by all major lines of business.   20 August 2018

Insurance

Property claims weigh on HDI in H1

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

Swiss Re on the hook for collapsed Genoa bridge

Swiss Re is one of the main insurers for the Rome-based company Autostrade per l’Italia that operated the stretch of highway where the Morandi Bridge in Genoa collapsed, according to an Aug. 17 Reuters report.   20 August 2018

Insurance

S&P ups Argo outlook on profitability measures

S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings.   20 August 2018

Insurance

Lloyd's syndicate DL Dale taps claims manager from QBE

DL Dale & Others, syndicate 2525, a specialist employers' and third-party liability Lloyd's insurer, has appointed Nick Ryan as London market claims manager.   20 August 2018

Insurance

R&Q partners with three MGAs in Europe

Randall & Quilter Investment Holdings’ Malta-based European subsidiary R&Q Insurance has signed three new programme underwriting partnerships with European managing general agents (MGAs).   16 August 2018

Insurance

QBE Europe combined ratio jumps in H1 while North America improves

Australia-based QBE has benefitted from improvements in its North American operations in the first half of 2018 while the European unit’s performance weighed on results.   16 August 2018

Insurance

DARAG appoints Halley as group CFO

Legacy acquirer DARAG has appointed James Halley as group chief financial officer, effective Sept. 3, 2018.   16 August 2018

Insurance

Cat losses drop significantly in H1

Total global economic and insured losses from disasters fell significantly in the first half of 2018 compared to the same period a year ago, according to the latest Swiss Re’s sigma estimates.   16 August 2018

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