News
News
As reinsurers and buyers begin their annual negotiations leading to the year-end renewal, there seems to be a consensus that the losses of recent years will lead to rate increases as long as this applies to those other buyers, as Intelligent Insurer finds. 17 October 2019
Insurance
Argo has reiterated its decision to conduct a review of governance and compensation matters, run by independent directors, in response to activist investor Voce’s latest criticism of the firm. 15 October 2019
Insurance
AXA has teamed up with the European Space Agency (ESA) to help people in emerging countries access gain access to healthcare. 15 October 2019
Insurance
The United States imposing further sanctions on Turkey creates difficulties for insurers, who may struggle with some of the complexities involved. 15 October 2019
Insurance
RKH Specialty has hired Jason Humphreys and Alex Robinson to add to its specialist aviation team in London as part of its ongoing expansion in aviation. Humphreys will join in February, with Robinson joining a month later once they have discharged their obligations under current contracts at Marsh. 15 October 2019
Insurance
A global study conducted by Hong Kong-headquartered insurance brokerage Pacific Prime found that 97 countries witnessed increases in average international health insurance premiums for both individuals and families. 15 October 2019
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Noel Praveen as senior underwriter casualty and professional lines – Dubai, effective immediately. 15 October 2019
Insurance
Estera, a global provider of corporate, funds and trust services, has launched legal services in Bermuda and the Cayman Islands. Estera’s legal services will cover a number of practice areas such as corporate and commercial, regulatory, insurance and investment funds. 15 October 2019
Insurance
Modest core underwriting margin expansion is expected in the domestic P&C insurance industry according to Keefe, Bruyette & Woods (KBW) analysts’ newly released 2Q19 P&C Industry Results report. They have updated their domestic P&C insurance industry earnings model with ISO’s recently published 2Q19 results. 15 October 2019
Insurance
Voce Capital Management, the beneficial owner of approximately 5.4 percent of the shares of Argo Group International Holdings, has said that the ongoing Securities and Exchange Commission (SEC) investigation at Argo related to executive compensation and benefits and associated disclosure issues highlights the need for urgent changes. 15 October 2019
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