International
Executives On The Move at BHSI, QBE and Zurich Insurance
Berkshire Hathaway Specialty Insurance added an executive to its leadership team in Europe. QBE International boosted its Latin America focus with executive additions to its regional team in Miami ...
Ping An’s Profit Drops by Double Digits Due to China Fortune Loss
Ping An Insurance Group Co of China , China's largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in ...
Global InsurTech Venture Funding Hits Record Again During Q2 2021: Forrester
Global InsurTech funding reached record levels once again in the 2021 second quarter, even as financings declined from the first three months of the year, according to Forrester's new sector roundup. ...
Insurance Industry M&A Activity Remains Resilient: Clyde & Co.
Global insurance industry M&A dipped slightly in the first half of 2021, but deals continue to be steady in key parts of the globe even in the face of the coronavirus pandemic, according to a new ...
Reinsurance Rate Hikes Will Continue (and Moderate) in 2022: Fitch Ratings
Global reinsurers' underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes expected as a result of higher catastrophe losses, continued ...
Munich Re’s Groves, John & Westrup Expands into Private Client Sector
Groves, John & Westrup Ltd. has been a coverholder for Munich Re's Lloyd's syndicate for decades, writing marine, pleasure boat and private yacht insurance. This year, the company branched out ...
South Africa’s State Insurer Will Raise Premiums to Address Riot-Related Reinsurance Costs
South Africa's only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs following some of the worst unrest in decades, the head of the state-owned ...
Former Markel Exec Rivos Joins AXIS as Credit & Surety Senior Underwriter
A former Markel executive is joining AXIS Re in a leadership role. Alexander Rivos is AXIS Re's new senior underwriter for Credit & Surety. He will report directly to Camilo Rodriguez, Head of ...