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Insurance
A drop in underwriting profit and a deterioration of the combined ratio have made net profit at Dubai-based International General Insurance Holdings (IGIH) decline in the first six months of 2017. 21 August 2017
Insurance
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21. 21 August 2017
Insurance
Broker Willis Towers Watson said on Aug. 21 that Michael Burwell has become its new chief financial officer (CFO). 21 August 2017
News
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21. 21 August 2017
Insurance
Munich Re Syndicate at Lloyd’s said on Aug. 21 that it has introduced an insurance solution to cover cyber exposure for the independent oil and gas sector. 21 August 2017
Insurance
Specialist insurer Hiscox said on Aug. 21 has partnered with tech start-up Digital Fineprint to investigate how social media data can be used to better educate the smallest businesses on the risks they face and the insurance solutions available to help mitigate them. 21 August 2017
Insurance
Data analytics provider Verisk Analytics said on Aug. 21 that it has signed a definitive agreement to acquire London-based software provider Sequel from HgCapital and other Sequel shareholders for a purchase price of £250 million. 21 August 2017
Insurance
Cyber insurance is increasingly becoming a growth driver for German commercial insurer HDI Global, according to CEO Christian Hinsch. 21 August 2017
Insurance
Indian initial public offerings (IPOs) are headed for a record year, as a rush of insurers seek to ride a rally in the local market and tap increasing investor demand for financial assets, according to an Aug. 20 Bloomberg report. 21 August 2017
Insurance
Private equity firm Yunfeng Financial Group is the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit. 21 August 2017
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