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“The trend of multinational ingress into the region seems to be waning, with some big insurance companies having sold, or being in the process of selling, their operations, due to less than satisfactory performance.” This is the opinion of James Grieve, senior vice president at SCOR Reinsurance, speaking to Intelligent Insurer. 15 November 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global study designed to illustrate the competitive positioning and value proposition of reinsurers in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Latin America were surveyed. 13 November 2017
Alternative Risk Transfer
Risk modelling firm RMS has opened a new office in Sydney, Australia. The company said the move is part of its drive to support clients’ expansion in the Australian and New Zealand markets. 31 October 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global study designed to illustrate reinsurers’ competitive positioning and value proposition in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Asia-Pacific were surveyed. 30 October 2017
Insurance
Munich Re is expecting a third-quarter loss of €1.4 billion owing to exceptional major-loss expenditure while projecting a small profit for the full year 2017. 26 October 2017
Insurance
Specialty insurer Markel has reported on Oct. 25 that it made a net loss of $259.1 million in the third quarter of 2017 attributable to shareholders. 26 October 2017
Alternative Risk Transfer
Bermuda-based Arch Capital Group said on Oct. 25 that its mortgage insurance (MI) business obtained $368 million of indemnity reinsurance from Bellemeade Re 2017-1, a special purpose insurer. 26 October 2017
Insurance
The final loss estimate for the series of earthquakes which impacted Central Italy between 26 and 30 October 2016 has been revised upwards by data provider PERILS. 26 October 2017
Insurance
Bermuda-based AXIS Capital Holdings said on Oct. 25 that the company made a net loss attributable to common shareholders of $468 million in the third quarter of 2017. 26 October 2017
Insurance
French reinsurer SCOR said on Oct. 26 that it posted a net loss of €267 million in the third quarter of 2017 due to the impact of natural catastrophes. 26 October 2017
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