News

Insurance

Aon reports ‘strong organic growth’ for four quarters in Q2 2019 results

Broker Aon reported “strong organic revenue growth”, for the fourth consecutive quarter, in its 2019 second quarter results, published today (26 July).   26 July 2019

Insurance

Mapfre Re reports almost 30% drop in profits in group H1 2019 results

Spanish based global re/insurer Mapfre reported modest revenue and premium growth overall in its results for the first half of 2019, but its reinsurance business Mapfre Re fared less well with a nearly 30 percent drop in net profit results.   26 July 2019

Insurance

Markel to wind down CatCo Re, launch new retrocessional ILS platform

Specialty insurer Markel Corporation intends to establish a new retrocessional insurance linked securities (ILS) fund platform ahead of the 2020 renewal period in Bermuda, comprised of a reinsurance company, fund entity and investment manager.   26 July 2019

Insurance

RGA elects Hamilton chief Pina Albo; says diversity a 'key priority' for board

Reinsurance Group of America (RGA) has appointed Hamilton CEO Pina Albo to its board of directors, increasing the female representation on its board to 38 percent.   26 July 2019

Insurance

Tokio Marine expands into Mexico with new subsidiary targeting surety market

Specialty insurance group Tokio Marine HCC has formed a new Mexican subsidiary to further expand its international surety operations.   26 July 2019

Insurance

AXA XL partners with insurtech MGU Vindati on Ocean Cargo insurance for SMEs

Insurer AXA XL has partnered with insurtech managing general underwriter (MGU) Vindati to offer Ocean Cargo insurance for small and middle-sized businesses in the US.   26 July 2019

Insurance

RSA appoints Christian Coletta to lead Spanish business

RSA Insurance Group has appointed Christian Coletta as new managing director of its Spanish business with immediate effect.   26 July 2019

Insurance

Bermuda-based Lancashire Holdings' CEO Maloney ‘pleased’ with H1 2019 results despite drop in profits

Bermuda-based insurance company Lancashire Holdings’ group CEO Alex Maloney highlighted the firm’s “good new business momentum” in the first half of the year as his group reported its H1 2019 results.   25 July 2019

Insurance

Allianz appoints head of commercial lines pricing

Allianz Insurance has appointed Claire Buck to the position of head of commercial lines pricing.   25 July 2019

Insurance

Global catastrophe losses cost insurers $20bn in H1 2019, down 26% from 18 year average

Global natural disaster losses during the first half of 2019 were below average when compared against a 10-year average, according to a new report by Aon's Impact Forecasting.   25 July 2019

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