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Insurance
Pricing discipline by Munich Re, Swiss Re, Hannover Re and SCOR is proving an important competitive advantage in the face of declining market pricing and investment yields, Fitch Ratings said on Aug. 16. 16 August 2017
News
Bermuda-based RenaissanceRe (RenRe) has appointed Duncan Hennes and Valerie Rahmani to serve as independent directors. 3 August 2017
Insurance
US rapper Kanye West filed a $10 million lawsuit over his cancelled tour against several Lloyd’s syndicates, including Lancashire Group’s Cathedral Syndicate, according to an August 1 report by The Hollywood Reporter. 2 August 2017
Insurance
Ascot, Lloyd’s of London syndicate and a specialty insurance underwriter, has appointed Greg Wolyniec as head of global strategy. 28 July 2017
Insurance
Professional services firm Marsh & McLennan Companies increased revenue across its risk and insurance services in the second quarter of 2017, including reinsurance arm Guy Carpenter which grew 4 percent. 28 July 2017
Insurance
Private equity firm Oak Hill Capital Partners has acquired a "controlling equity position" in EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, from The Carlyle Group. 28 July 2017
Insurance
Arthur J Gallagher's revenue for the brokerage segment in the second quarter was $998.1 million, an increase from $939.1 million year-on-year. 28 July 2017
Insurance
Ratings agency S&P Global has lowered its long-term counterparty credit and senior unsecured debt ratings on Markel Corporation to 'BBB' from 'BBB+' following its recent M&A activity. The outlook is stable. 28 July 2017
Insurance
The Reinsurance Group of America’s (RGA) EMEA and Asia-Pacific segments had a favourable second quarter, although the group’s overall net income has slightly dipped compared with the prior-year quarter. 28 July 2017
Insurance
Bermuda-based Validus Holdings has reported net income for the second quarter of 2017 of $101.1 million, an increase on the $95 million it made in the second quarter of 2016. 28 July 2017
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