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IGI underwriting profits rise 39% in H1

Dubai-based carrier International General Insurance Holdings (IGI) reported strong net underwriting profits for the first half of 2016, with the total rising 39 percent year-on-year to $28.4mn

Matthew Neill, 30 August 2016
Integro agrees LatAm wholesale reinsurance deal

International broker Integro has agreed a deal with Latin American intermediary HR Latinoamerica Ltda Corredores de Reaseguros (HRL) to serve as its exclusive London wholesale reinsurance trading partner.

Matthew Neill, 30 August 2016
Insurers can ‘break free’ from market challenges: Willis

Difficult insurance market conditions are no excuse for poor performance from UK carriers, according to a Willis Towers Watson study released today

Winifred Okocha, 30 August 2016
Qatar Re H1 profits up 79% as top line surge continues

Expansive reinsurer Qatar Re saw its net profits surge 79 percent to $23.9mn in the first half of the year, primarily driven by a 48 percent increase in net investment income to $17mn.

Charlie Thomas, 30 August 2016
Charles Taylor profits up 6% in H1

Insurance services firm Charles Taylor grew its profits before tax by 4.2 percent year-on-year to £6mn ($7.8mn) in the first half of 2016

30 August 2016
Reinsurers fear casualty clash exposures

One of the key concerns of (re)insurers in the current market is their inability to quantify the effect of a systemic casualty event on their portfolio, according to the findings of a new survey.

29 August 2016
Italian quake insured losses limited to EUR200mn: Fitch

(Re)insurers are likely to face losses of between EUR100mn-EUR200mn ($113mn-$226mn) from the earthquakes which struck central Italy earlier this week, according to Fitch.

Matthew Neill, 26 August 2016
Rivers to join Lockton as global transportation head

Alistair Rivers, Willis Towers Watson's head of P&C in Great Britain, is set to join Lockton to lead its global transportation business, The Insurance Insider has learned.

Catrin Shi, 26 August 2016
Mitsui takes small stake in Mapfre

Mitsui Sumitomo Insurance (MSI) has purchased a 0.1 percent stake in Spanish carrier Mapfre for approximately EUR7.14mn ($8mn), the company announced today

Matthew Neill, 26 August 2016
Fitch: US cyber market hits $1bn in premium

The US cyber market wrote around $1bn in direct premium in 2015, according to analysis by Fitch Ratings

Catrin Shi, 26 August 2016

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