News
Insurance
Economic losses from the wildfires impacting Sonoma, Napa, Solano, Lake, and Mendocino counties are estimated at between $6 billion and $8 billion, according to catastrophe risk modelling firm RMS. 30 October 2017
Insurance
Advent Solutions Management (Advent), a specialist provider of support services for start-ups, entrepreneurs and managing general agents (MGAs), has unveiled plans to create a multi-discipline insurance business with gross assets of $100 million. 19 April 2016
Insurance
The Indian market remains the core of GIC Re’s business and it is growing fast, but the reinsurer is increasingly capitalising on opportunities overseas as well, as Alice Vaidyan of GIC Re told Monte Carlo Today. 8 September 2019
Insurance
German insurance giant Allianz expanded the property/casualty (P&C) business in the second quarter while the combined ratio deteriorated. 3 August 2018
Insurance
Re/insurer XL Catlin has extended its casualty insurance offering to include a cyber solution in the UK. 12 June 2018
Insurance
Claude Lefebvre, chief underwriting officer, partnerships & casualty reinsurance at Hamilton Re and co-founder of the company is leaving the firm “to pursue other interests,” according to a company statement. 23 March 2018
Insurance
Competitive forces and less favourable claim trends prevent hardening 15 November 2019
Insurance
Ryan Specialty Group’s underwriting division, RSG Underwriting Managers (RSGUM), has launched a managing general underwriter (MGU). 7 April 2015
Insurance
In another attack on Argo and its board, activist investor Voce Capital Management has published a detailed plan explaining how, it claims, Argo could “unlock substantial shareholder value”. 1 May 2019
Insurance
The representative body of Guernsey insurers and insurance managers, the Guernsey International Insurance Association (GIIA), has signed Memorandums of Understanding (MoU) with both the China Captive Alliance and the regional government of Kashgar. 29 June 2016
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