Reinsurance
Argo Group Buying Ariel Re for $235M
Argo Group International Holdings, Ltd., announcing its first major acquisition in eight years, said it will buy Ariel Re for roughly $235 million cash in a deal that could make it a top 10 market at ...
The Third-Party Capital Juggernaut Continues Unabated: Standard & Poor’s
Perhaps the good news for U.S. property catastrophe reinsurers is this: the influx of third-party capital to their sector has slowed. The reality remains, however, that its growth continues to ...
Hannover Re Soars Toward a Possible $1B Profit for 2016
German reinsurer Hannover Re could make a net profit of 1 billion euros ($1.1 billion) this year while the dividend payout is likely to be in line with last year, the firm's chief financial officer ...
SCOR Anticipates Full India Launch
SCOR is on the verge of launching full operations in India. Regulators there granted SCOR permission to open a composite branch office in India to conduct P/C and life reinsurance business. SCOR will ...
New Technologies Improving Hurricane Mitigation and Building Resiliency
New technological developments are now poised to reduce the likelihood of hurricane wind damage and to improve our understanding of the impact hurricanes have on existing building inventory. These ...
Property/Casualty Insurance Industry Ready to Work With Trump
Groups representing the U.S. property/casualty industry say they expect a soon-to-be President Donald Trump and Republican Congress will be receptive to their agenda in the months ahead. The Property ...
Small Businesses Around the World Fear Climate Change Effects: Zurich Survey
Insurance carriers trying to measure clients' concerns about climate change should take note. Four out of five small and medium-sized businesses fear its impact on their bottom lines, according to a ...
Tech Innovation Top Growth Prospect for Reinsurers: Guy Carpenter Survey
Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a new survey by Guy Carpenter & Co. LLC, global risk and reinsurance specialist ...