International
China Re Group Enjoyed Robust Growth for H1 2020
China Re Group Corp enjoyed rapid growth in premiums and steady profitability in the first half of 2020 despite the pandemic. Overall, gross written premiums in the first half of 2020 increased 20.5 ...
QBE CEO Regan Departs After Investigation Following Female Employee’s Complaint
QBE Insurance Group's Chief Executive Officer Pat Regan is departing the insurer after an external investigation found his workplace communications did not meet the standards set out in the group's ...
Executives On The Move at Willis Towers Watson and Lloyd’s
Willis Towers Watson appointed a new senior director within its Insurance Consulting and Technology business. Lloyd's of London created a new position – head U.S. head of Claims – stemming from ...
Traditional Reinsurers Perform Better Than Total Return Reinsurers: AM Best
Although total return reinsurers, which like to take more risk on the investment side of their balance sheets than other reinsurers, have the potential to generate significantly higher investment ...
Buffett’s Berkshire Hathaway Invests in Japan’s Five Biggest Trading Firms
Berkshire Hathaway Inc has bought a 5% stake in each of Japan's five biggest trading houses, together worth over $6 billion, marking a departure for Chairman Warren Buffett as he looks beyond the ...
Price Casualty Like a Short-Tail Line: Swiss Re Exec
With low investment yields becoming a fact of life of insurers and reinsurers, breakeven combined ratios for casualty business won't cut it anymore, a reinsurance executive said recently. Jonathan ...
China’s Ping An Insurance Reports Steady H1 2020 Results
Ping An Insurance Company of China announced its 2020 interim results for the six month period ended June 30, 2020. The integrated financial services company said it maintained steady business ...
Climate Change and More Making Hurricanes Increasingly Destructive
A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion-dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. ...