Previous reports said OneConnect had planned to IPO in Hong Kong.
by Gianluca Casapietra | September 13, 2019
The firm experienced around $28mn in unfavorable development – its 10th month of adverse out of the last 11.
by IPC Research | September 12, 2019
New inflation data shows pricing declines have flattened in August, and rising average severity. Margin pressures continue to build, and frequency remains the wildcard.
by IPC Research | September 5, 2019
Differing views on the impact of a lower rate environment emerged as a key controversy from company presentations Thursday.
by IPC Research | September 4, 2019
We highlight the key new disclosures by P&C companies at an investor conference on Wednesday, including AIG, WR Berkley, The Hanover, and Third Point Re.
by Gianluca Casapietra | August 29, 2019
In short, 2019 looks like a relatively normal year so far, with perhaps a little slack for the more internationally facing global reinsurers.
by Dan Lukpanov | August 29, 2019
A near flat month to date performance for the Inside P&C Select masks a volatile month for P&C, with a 30pt spread between the best and worst performing stocks.
by Dan Lukpanov and Gavin Davis | August 25, 2019
Far from making interest rates great again, rates have returned to levels likely to make investment income grate on returns again.
by IPC Research | August 22, 2019
Looking past the somewhat misleading averages, granular disclosures in the CIAB survey suggest significant pockets of the market are the hardest they have been for close to two decades.
The appointment comes as the carrier works to expand its presence in the property market.
Warren Puffer and Kelly Geoghegan will lead two newly-created business segments.
Peter Giger was previously CFO at the Swiss insurance group.
More broadly, carriers are curtailing facility participation as the market firms.
The hurricane is on track to move over the northern Leeward Islands
The broker predicts a "lower-than-normal" portion of claims will be covered by private insurance.