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CATCo chairman expects further rate declines at 2019 January renewals
Alternative Risk Transfer
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
IGI expands 20% in H1
Insurance
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
Property claims weigh on HDI in H1
Insurance
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 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 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
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
News
Reinsurers have embraced third-party capital through instruments like sidecars, collateralized reinsurance, and catastrophe bonds and the retrocession market increasingly depends on this convergence capital, a new report by S&P Global Ratings states.   15 August 2018
News
Munich Re will target higher profits by growing its property/casualty (P&C) reinsurance business, turning around its primary insurer ERGO, taking advantage of digitisation and by cutting costs, CEO Joachim Wenning explained during the reinsurer’s second-quarter results presentation.   9 August 2018
Insurance
Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations.   8 August 2018
News
Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund.   8 August 2018

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