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Third Point Re affirms CEO, posts improved profit in Q2
The Bermudian total return (re)insurer affirmed Daniel Malloy as CEO and appointed him to the company’s board of directors.
Laura Sanicola
,
08 August 2019
Brit to close inland marine, yacht and LatAm operations in the US
The class exits follow the closure of the carrier’s Miami office.
John Hewitt Jones
,
08 August 2019
Altamont acquires Topa for undisclosed sum
Topa Equities will maintain a minority stake in the specialty insurer following the deal's closing.
Laura Sanicola
,
07 August 2019
Travelers promotes deputy chief investment officers
Rowland and Yin will take joint responsibility for the carrier’s investment strategy, replacing William Heyman.
John Hewitt Jones
,
07 August 2019
Reinsurers lift cat exposure as rates rise: S&P
The ratings agency said that greater cat exposure could increase future volatility.
Samuel Casey
,
07 August 2019
AIG comfortably outstrips Q2 earnings forecasts
Higher NII from alternative investments and better commercial P&C underwriting improved results.
Gavin Davis
,
07 August 2019
FedNat will hold shareholder meeting ‘shortly’: Braun
The CEO discussed the company’s response to a lawsuit by Capital Returns Management during a conference call Wednesday.
Laura Sanicola
,
07 August 2019
Commercial insurance pricing up 6% in Q2: Marsh
It was the seventh consecutive quarter of upward price movement and nearly double the previous quarter’s price change, according to the broker.
Anna Sagar
,
07 August 2019
Suncorp hands reinsurers almost $400mn in losses in 2019
The Australian carrier was hit by hailstorms and flooding last year.
Rachel Dalton
,
07 August 2019
IRB Brasil Re to buy 9% B3i stake
The Brazilian reinsurer will become the blockchain initiative’s only Latin American investor.
Anna Sagar
,
07 August 2019
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