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Insurance
Commercial insurer CNA is succeeding in pushing up rates in most lines apart from workers’ compensation, CEO Dino Robusto said during the insurer’s first quarter 2018 results conference call. 1 May 2018
Insurance
US-based Global Marine Insurance Agency (GMIA) a specialty marine brokerage and program administrator, which is part of Specialty Program Group, has expanded its team by almost 20 through its acquisition of Norman-Spencer Marine. 1 May 2018
Insurance
Accountancy firm PwC has unveiled a partnership with international start-up rating agency Early Metrics designed to link fast-growth start-ups with established insurance companies to generate mutually beneficial commercial opportunities and relationships. 1 May 2018
Insurance
While most classes of reinsurance and specialty lines have seen a moderation or end to price reductions, there is not a consistent pattern, with increases generally limited to areas and sectors where heavy losses had occurred last year, broker JLT said in a May 1 trading statement. 1 May 2018
Insurance
General insurers in the UK are general face higher operating costs due to IT investments, ongoing regulatory changes and a marked increase in headcount and training, according to the latest CBI/PwC financial services survey. 27 March 2018
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has bolstered its casualty division with senior hires from Chaucer Syndicates and QBE. 15 March 2018
Insurance
The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best. 19 January 2018
Insurance
RenaissanceRe Ventures, a subsidiary of Bermuda-based re/insurer RenaissanceRe, has signed a definitive agreement to acquire a minority shareholding in run-off consolidator Catalina. 19 January 2018
Insurance
The financial impact of windstorm Friederike is likely to reach into the hundreds of millions of euros, according to Aon’s Jan. 19 Weekly Cat Report. 19 January 2018
Insurance
American International Group (AIG) has hired Ed Barron from PricewaterhouseCoopers (PwC) as head of international government affairs, based in London. 19 January 2018
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