News
Insurance
Profits at Italian insurer Generali soared in the first nine months of 2018 boosted by a number of factors including disposals; it also enjoyed strong growth in both its property/casualty and life units. 8 November 2018
Insurance
Specialty re/insurer Brit has hired Beazley's Jeff Norton as senior vice president, cyber & technology for Brit Global Specialty USA (BGSU). 8 November 2018
Insurance
Spanish re/insurer Mapfre posted increased profits in the first nine months of the year but its revenues and premiums written were both down – something it blamed mainly on sharp currency depreciations across many of the main countries in which it operates. 8 November 2018
Insurance
Specialist re/insurance broker BMS Group has hired two senior leaders Stuart Davies and Samantha Ford in Australia. 8 November 2018
Insurance
London insurance market based consultancy r10 Consulting has entered into a strategic partnership with Alchemy Technology Services, a Northern Ireland-based insurance technology provider. 8 November 2018
News
Spanish re/insurer Mapfre embarked on an overhaul of its Global Risks business in July, which includes integrating some of the business into Mapfre Re. Eduardo Perez de Lema Holweg, chief executive and chairman of the management committee of Mapfre Re, explains the logic for the restructuring and his perspective on the industry’s health. 7 November 2018
News
Bermuda-based Third Point Re has seen its gross written premium (GWP) fall sharply by 82.8 percent in the third quarter of 2018 due to unsatisfactory underlying pricing, terms and conditions. 7 November 2018
Insurance
The property/casualty reinsurance sector will merge to end up in a similar structure as the global life reinsurance sector, SCOR CEO Denis Kessler said during a Nov. 6 S&P Global Ratings insurance conference in London. 6 November 2018
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Michael LaRocca as head property & specialty lines North America. 6 November 2018
Insurance
Willis Towers Watson enjoyed solid growth and a big turnaround in its profits in the third quarter of 2018, which increased to $85 million in the period, a big turnaround of 254 percent on the loss of $54 million it made in the same period the year before. 5 November 2018
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