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IGI H1 underwriting profit declines
International General Insurance (IGI) reported a more than 22 percent decline in underwriting profit in the first half, despite slightly lower claims.v
Laura Board
,
21 August 2017
Investment income boosts HDI Global Q2 profit
Talanx-owned HDI Global posted an 18.8 percent increase in second quarter operating profit to EUR82mn ($96.4mn), with the result boosted by higher investment income
Catrin Shi
,
21 August 2017
Capsicum Re hires Rance to lead mortgage offering
Capsicum Re has entered the mortgage indemnity reinsurance market with the hire of Steve Rance from JLT.
Catrin Shi
,
21 August 2017
Compre seals Gjensidige Forsikring US APH deal
Legacy specialist Compre has acquired a legacy portfolio from major Norwegian insurer Gjensidige Forsikring ASA for an undisclosed sum, it announced today
Catrin Shi
,
21 August 2017
Enstar and R&Q-Axa consortium final two in Novae process
Legacy heavyweight Enstar and a consortium comprising Randall & Quilter (R&Q) and Axa are facing off in the final round of the bidding process for the Novae legacy book, The Insurance Insider can reveal.
Adam McNestrie
,
21 August 2017
AM Best places Assa ratings under review
AM Best has placed Central American insurer Assa's long-term financial strength rating and its long-term issuer credit rating on negative review following its $127mn agreement to acquire Generali's Panama business
Bernard Goyder
,
21 August 2017
Opinion: Latecomers beware
The burgeoning mortgage reinsurance market has been a beacon of hope for beleaguered reinsurers over the last couple of years
David Bull
,
21 August 2017
Munich Re extends energy-sector cyber offer
Munich Re Syndicate has created a new product which incorporates cyber cover with the insurance it offers to upstream and midstream energy clients.
Laura Board
,
21 August 2017
Greek-owned tanker collides with US Navy ship
An oil tanker and a US destroyer have crashed off Singapore, the latest in a series of collisions between a US Navy vessel and a merchant ship.
Bernard Goyder
,
21 August 2017
Vindivich steps up to take over E&S for Argo
Argo’s Ron Vindivich has been promoted to lead US excess and surplus lines after the division’s former president Art Davis left the Bermudian carrier.
Dan Ascher
,
19 August 2017
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