News
News
A subsidiary of Randall & Quilter Investment Holdings (R&Q) has partnered with a UK managing general agent (MGA) to offer private motor and household insurance coverage. 3 January 2019
Insurance
Chubb European Group has confirmed it has redomiciled its businesses from London to France effective 1 January, consistent with its previously announced Brexit preparations. 3 January 2019
Insurance
Athora Holding has completed the acquisition of Generali Belgium, a Belgium-based insurer. The final consideration paid was approximately €540 million. The company will be rebranded to Athora Belgium prior to the end of the second quarter of 2019. 3 January 2019
News
Extratropical Cyclone Burglind, also known as Eleanor, which hit the UK and Europe in January 2018, will cost insurers some €756 million, according to insurance data company PERILS’ final loss estimate. 3 January 2019
Insurance
The earth’s climate could be changing faster than first thought – and definitely faster than insurers would like. This presents great challenges to the industry which needs to address them quickly, Intelligent Insurer discovers. 13 December 2018
Insurance
Re/insurer AXA XL has unveiled its new excess & surplus (E&S) casualty product leads in the US, including a senior hire from QBE. 12 December 2018
Alternative Risk Transfer
Hong Kong-based Peak Reinsurance Company has launched what it described as Asia’s first sidecar transaction. 10 December 2018
Alternative Risk Transfer
Markel CATCo Investment Management plans to increase the specific loss reserves held by the company related to the 2017 loss events namely hurricanes Harvey, Irma, Maria (HIM) and the California wildfires that year. 10 December 2018
Insurance
Interim solutions and contingency planning with respect to insurance claims are reducing some significant risks a "no-deal" Brexit would present to the European insurance sector, Fitch Ratings says in a new report. 10 December 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has withdrawn from the Hong Kong employees’ compensation (EC) terrorism pool for policies starting or renewing on or after Dec. 1, 2018. 10 December 2018
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