News
Insurance
Generali Group has reported positive growth in the premiums of its property and casualty (P&C) segment, despite a decrease in gross written premiums (GWP) overall and a significant net income loss in its results for the first half of 2016. 29 July 2016
Insurance
London’s insurance market has historically been characterised as ‘male and pale’, with few women or people from ethnic minorities. Intelligent Insurer assembled a panel of insurance industry experts to look at how times are changing. 28 July 2016
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI), has introduced its cyber liability insurance office in New Zealand and appointed Ian Marshall as senior underwriter, executive and professional lines. 28 July 2016
Insurance
Specialist reinsurance broker Capsicum Re has expanded its cyber team with the appointment of Patrick Bousfield and Jane Palmer as brokers, and Alice O’Dwyer-Smith as account manager. 27 July 2016
Insurance
Demand for business interruption cover from the manufacturing industry is likely to replace privacy-related issues as the main motivation to buy cyber coverage in the US, boosting growth of the segment and helping it to mature in Europe and Asia. Intelligent Insurer reports. 25 July 2016
Insurance
The Financial Conduct Authority (FCA) has found significant failings in the control and oversight of appointed representatives by their principal firms in the general insurance market. 25 July 2016
Insurance
XL Catlin has appointed Mike Soper as western regional leader of the company’s broker and client management team, Mark Restrepo as its underwriting director for global risk management and Lizette Junor as underwriting director of multinational casualty programs. 25 July 2016
Insurance
AM Best has downgraded the financial strength rating (FSR) of Russian Re from B+ (Good) to B (Fair) of Russian Reinsurance Company (Russian Re). The outlook for this rating has been revised from to stable from negative. 25 July 2016
Insurance
With interest rates low and government bonds even lower, financial times have been tough for insurers and reinsurers alike. Intelligent Insurer asked five chief financial officers from some of the biggest companies in the industry about the challenges they’re facing. 22 July 2016
Alternative Risk Transfer
Natural catastrophes in the second half of 2016 could have serious impact on the returns made by the insurance-linked securities (ILS) and reinsurance linked investment markets this year, a panel of industry figures has claimed. 22 July 2016
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