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NatGen confirms homeowners’ QS ceding commission cut
The homeowners’ ceding commission was cut from 42.5% to 36% following significant losses.
Christopher Munro
,
30 July 2019
Prosight appoints two directors and reshuffles governance committees
The non-executive board changes follow the company’s initial public offering last week.
John Hewitt Jones
,
30 July 2019
EC warns of tougher equivalence tests for ‘high-impact’ countries
The EU executive says it may seek “stronger assurances” from countries likely to make the most use of the regulatory kitemark.
Laura Board
,
30 July 2019
Cambridge Mobile Telematics rolling out ‘revolutionary’ claims tech
The InsurTech founded by MIT scientists raised $500mn from heavy-hitter Softbank in December.
Bernard Goyder
,
30 July 2019
Inland marine premiums swell with US freight and construction growth
AM Best says the marine class outperformed the wider P&C market between 2009 and 2019.
John Hewitt Jones
,
30 July 2019
Total return reinsurer Watford Re posts 5.8% ROE in Q2
The investment portfolio produced a 1.1 percent return on average net assets, with a net investment income of $23.8mn.
Laura Sanicola
,
30 July 2019
Arch underwriting results up despite drop in reserve releases
The Bermudian (re)insurer’s earnings of $0.77 per share beat consensus a consensus estimate of $0.67.
Dan Lukpanov
,
30 July 2019
TransRe welcomes new exec as it considers LatAm’s potential
Latin America offers potential to grow as the reinsurer welcomes Jorge Beltran as regional president.
Christopher Munro
,
30 July 2019
Everest Re shows growth in investments, beats expectations
The year-over-year improvement was driven by a 15.9-point improvement in its combined ratio and 26.7 percent growth in net investment income.
Gianluca Casapietra
,
30 July 2019
AmTrust wins dismissal of KBW suit over NYSE delisting
A New York judge said KBW did not allege “any actual injuries” by claiming the move hurt its reputation.
Christie Smythe
,
30 July 2019
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