Munich Re reported "relatively high" man-made major loss claims, which were more than four times the hit it took in Q3 last year.
RSA UK has booked £8m in restructuring charges for the third quarter, as overall the group reported its operating profit was up.
Lloyd’s has published Blueprint One: the first of a number of ‘blueprints’ it intends to produce over the coming years as it overhauls the market for the 21st century
2018 was a volatile year for Asian insurers with the majority of them posting declines in gross written premium or sluggish growth. Christie Lee, senior director of analytics for Asia-Pacific at AM Best, explains the challenges they are facing.
Hiscox has reserved $165m to cover claims from Hurricane Dorian and Typhoons Faxai and Hagibis, while reporting it expects to see fees and profit commissions dip $25m this year.
Swiss Re has cancelled a share buy-back programme, following a hit from natural catastrophes, capital deployment and the suspension of Reassure's initial public offering.
Working as cyber incident specialist at CFC Underwriting Tom Bennett ensures he stays abreast of recent developments in both hacker methodologies and cyber defence strategies
This week, some Post colleagues and I attended CFC Underwriting's annual Halloween party. The theme this year was carnival, and accordingly, the party was full of clowns, fortune tellers and more than the odd Joker.
Ageas UK has created three directors of distribution roles, with Chris Dobson set to retire at the end of the year.
Miles Smith owner Specialist Risk Investments has acquired Square Mile Broking.
Exclusive: Ernesto Suarez, Halo founder and CEO, has been appointed UK CEO of Zurich's Cover-More.
Goldman Sachs-backed consolidator Aston Lark has acquired Lloyd’s broker Protean Risk.
Loss adjuster Sedgwick has appointed two managing directors for its UK operations.
Markel International has streamlined the leadership of its wholesale operation by appointing James Hastings as managing director of wholesale, only days after it reshuffled its global strategy management team.
This year Hastings has priorititised pricing discipline amid a regulatory probe into pricing practices and rising claims inflation, leading to a drop in its competitiveness for new business.
Exclusive: Thingco partnerships director Richard Trebble has left the business.
AIG intends to launch a Lloyd’s syndicate that will focus on the high-net-worth market in the US.
Travelers saw an underwriting loss of $149m in Q3 this year, as its results were hit by a “challenging” tort environment, weather and “unfavourable” reserve development in business insurance.
As data and technology become increasingly important to insurance, Mohit Manchanda, head of consulting for UK and Europe at EXL, believes ensuring the diversity of the teams owning the data, building and maintaining the algorithms, and providing audits…
Markel International national markets director Simon Wilson has been appointed as managing executive of global strategy for insurance operations at the insurer’s US-based parent, the Markel Corporation.
Private equity house BP Marsh has taken a stake in Lloyd’s marine broker Lilley Plummer Risks.
Watchstone and Slater & Gordon have reached a settlement over the historic sale of Watchstone’s professional services division.
Michael Sicsic, former head of supervision for general insurance protection at the Financial Conduct Authority, has joined start-up Spixii as an adviser to its directors.
Markerstudy is seeking investors in order to fund £241.7m worth of loan repayments to Qatar Re.