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Sompo International Q1 earnings rise 16% on investment income
Reserve strengthening for prior-year catastrophes lifts the overall loss ratio, while specialty line earnings improve.
Samuel Casey
,
09 August 2019
The sequence of events has been unorthodox but rating relief is in sight for reinsurers
In the hot summer of 1954, on the Cote d’Azur, Picasso created more than 60 portraits of his teen artist neighbour Sylvette David.
Rachel Dalton
,
09 August 2019
ProSight debuts with underwriting profit in Q2
The Morristown, New Jersey-based specialty carrier posted a combined ratio of 98.1 percent.
Laura Sanicola
,
09 August 2019
Argo board approves changes to executive pay policy
The proposals follow a bitter proxy battle with Voce Capital centering on expenses and corporate governance.
Bernard Goyder
,
09 August 2019
China Minsheng ownership limits ‘financial flexibility’: Sirius CEO
An M&A deal is seen as a way Sirius can reduce its concerns surrounding its financially troubled parent.
Bernard Goyder
,
09 August 2019
Sompo GRS forms small business team
Sompo GRS mid-market leader Matt Burns will oversee the small business team.
Laura Sanicola
,
09 August 2019
Third Point Re: We heard AM Best’s message ‘loud and clear’
Business has scaled back allocation to hedge fund by $400mn and is targeting an underwriting profit by year end.
Adam McNestrie
,
08 August 2019
Litigation financing is driving up GL costs: Liberty Mutual
More than half of attorneys surveyed by the carrier said litigation finance has prolonged the time it takes to settle losses.
John Hewitt Jones
,
08 August 2019
Aon says insurers to cover bulk of $2bn US July storm losses
Insurers have paid out $300mn for Hurricane Barry so far, according to the broker.
Samuel Casey
,
08 August 2019
Greenlight Re invests in InsurTech Handdii
The investment is the 12th by the innovation unit since it was founded last year.
Anna Sagar
,
08 August 2019
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