International
Munich Re, Swiss Re, Hannover Re, SCOR Are Keeping Pricing Discipline in Tough Market: Fitch
The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and policy terms without a significant drop in their business volumes, despite ...
Takata Bankruptcy Judge in U.S. Pauses Lawsuits Against Automakers
A U.S. judge overseeing the bankruptcy of Japanese auto supplier Takata Corp's U.S. business has halted for 90 days the lawsuits brought by victims of its faulty air bag inflators against automakers, ...
Executives On The Move at AmTrust and Greenlight Capital Re
AmTrust has a new chief information officer, an executive chosen from within the company. Greenlight Capital Re hired an outside executive to fill the newly created position of chief operating ...
Global Insurance Rates Continue Their (Moderated) Fall: Marsh
Global insurance renewal rates fell for the 17th consecutive quarter in the second quarter of 2017, according to Marsh's Q2 2017 Global Insurance Market Index. Despite the continuing decline, Q2 ...
Britain Wants Brexit Talks With EU to Begin Next Phase
Britain said on Sunday that it wants talks with the EU to move on to the next phase, as it set out details of the future relationship it envisages with the bloc and senior ministers presented a ...
Reinsurers Now Much More Likely to Report Natural Disaster-Related Underwriting Loss: S&P
Things could get rougher for global reinsurers if annual natural catastrophe claims keep moving closer to the long-term average, Standard & Poor's said in a new report. It turns out that upward ...
The Schinnerer Group to Add Property Catastrophe Business With ICAT Acquisition
The Schinnerer Group has agreed to acquire International Catastrophe Insurance Managers (ICAT) from the Paraline Group for an undisclosed price. Plans call for closing the deal sometime in the 2017 ...
Compare.com Proves Insurance Disruption Won’t Happen Quickly: CEO Rose
Disrupting an industry that has been doing things the same way for a generation takes time. Take it from one major insurance disruptor – compare.com. The online insurance comparison marketplace ...