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Insurance
Japan-based Tokio Marine Holdings reported ordinary profit of ¥138.06 billion ($1.24 billion) for the first quarter of its 2018 financial year (April-June), up 11.7 percent year on year. 10 August 2018
Insurance
Haven Life, a life insurance startup backed and wholly owned by MassMutual, is acquiring Boston-based online insurance broker Quilt to expand into new product offerings. 10 August 2018
Insurance
Hannover Re grew gross written premium in property and casualty (P&C) reinsurance by 19.2 percent year on year to €6.47 billion in the first half of 2018. 9 August 2018
Insurance
Zurich Insurance Group’s property & casualty (P&C) operations benefitted from an improved underwriting performance in the first half of 2018. 9 August 2018
Insurance
Specialist insurer Hiscox has partnered with London-based artificial intelligence (AI) startup Eigen Technologies to automate multiple internal processes at the firm by launching two pilots. 9 August 2018
News
Munich Re will target higher profits by growing its property/casualty (P&C) reinsurance business, turning around its primary insurer ERGO, taking advantage of digitisation and by cutting costs, CEO Joachim Wenning explained during the reinsurer’s second-quarter results presentation. 9 August 2018
Insurance
Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018. 9 August 2018
Insurance
Global commercial insurance prices rose in the second quarter of 2018 for the third consecutive quarter, according to Marsh. 9 August 2018
Insurance
Specialist commercial re/insurer International General Insurance Holdings (IGI) has strengthened its energy offering with the appointment of James Green as senior underwriter for downstream energy. 9 August 2018
Insurance
Specialty insurance group Tokio Marine HCC has appointed Christopher Skarinka as chief operating officer (COO) for its professional lines and public risk groups, which specialises in small accounts errors & omissions (E&O) coverage and municipality business. 9 August 2018
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