News

Insurance

GIC Re posts combined ratio of 104% in FY 2017

General Insurance Corporation of India (GIC Re) has reported a combined ratio of 104.0 percent for the financial year ended 31.3.2018 after 99.7 percent in the period ended 31.3.2017.   29 May 2018

Insurance

Arch swoops on Chaucer for political violence risk expansion

The new hire strengthens its position in the MENA region.   5 June 2023

Insurance

Insurers may hike rates to battle claims inflation in H2: Bloomberg warns

Claims inflation is likely to remain ‘pronounced’ in the second half of the year, it says.   4 July 2024

Insurance

VIG employees sheltering 15% of Ukrainian workforce abroad, chiefly in Poland

VIG took over €100 million in GWP from three Ukrainian units in 2021.   8 March 2022

Insurance

Argenta lifts former WR Berkley talent to chief claims officer

Appointee was previously head of claims at WR Berkley Europe.   23 January 2024

Insurance

QBE sets up marine team in Germany with Aon/Thomas Miller hires

Senior marine underwriters to join its team in Hamburg.   26 October 2023

Insurance

RSG's Trident Marine expands presence in US marketplace

The managing general underwriter has hired a senior marine underwriter in Boston.   18 June 2020

Insurance

Allstate falls to catastrophes: costly June events render $2.7bn Q2 bill

The Q2 tally is 2.4x an already catty prior year period and well ahead of storm counts.   21 July 2023

Insurance

Swiss Re CS picks ex-Munich Re exec for property/specialty leadership role

The executive has 18 years’ underwriting experience and held various positions with Munich Re.   20 July 2023

Insurance

MGU Fidelis Partnership taps into new market in the Middle East

New on the ground presence aims to gain direct access to ‘significant pool’ of business.   22 May 2024

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