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Insured losses from the earthquake that struck central Italy last week (24 August) are expected to be limited, with low insurance penetration and government funding restricting (re)insurers' exposure
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While much of Ajit Jain's assessment of the change needed at Gen Re was focused on revamping underwriting approaches to target growth, he also addressed how a restructure could create a more entrepreneurial environment
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A picture is beginning to form of how Gen Re will attempt to transform under Ajit Jain and Kara Raiguel's leadership to regain ground lost in a challenging reinsurance marketplace
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Global reinsurers' flagship P&C reinsurance arms reported a decrease in underwriting margins in the second quarter of 2016, led by elevated catastrophe losses and a rise in expenses.
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The listed Lloyd's carriers reported double-digit returns for the first half of 2016, surpassing their 2015 performance as investment returns recovered.
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Average gross written premium (GWP) at reinsurers in The Insurance Insider's global composite shrank by 3.8 percent year-on-year in the second quarter.
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In divesting United Guaranty Corporation (UGC) AIG is executing its game plan but it is still far from achieving its end goal.
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Arch's $3.4bn takeover of mortgage insurer United Guaranty Corporation (UGC) is a transformative deal that will create a Bermudian (re)insurer like no other.
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Financial and strategic buyers have a rare opportunity to pick up meaningful exposure to the heavyweight end of the run-off market after Goldman Sachs' private equity arm signalled that it wanted to sell its stake in Enstar.
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Reported losses from the wildfires that tore through the Canadian province of Alberta in May have now reached $2bn, according to Q2 disclosures.
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Underwriting margins for the listed Lloyd's carriers narrowed in the first half of 2016, as combined ratios were swollen by larger expense and loss ratios.
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Gross written premium (GWP) growth at London-listed Lloyd's carriers rebounded in the second quarter of this year to 7.8 percent, after three of the group increased their reinsurance buying to expand their books
