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California commissioner approves State Farm rate cuts
California insurance commissioner Dave Jones has approved rate reductions for several of US carrier State Farm's commercial policies following a review of requested price hikes.
Matthew Neill
,
24 August 2016
Steadfast Group 2016 revenues surge on acquisitions
Fast-expanding Australian intermediary Steadfast Group reported a 54 percent increase in its underlying revenue for the 2016 financial year to A$459.5mn ($349mn)
Catrin Shi
,
24 August 2016
Chinese carriers mull IPO options: reports
Anbang Insurance Group is weighing up an IPO of its life insurance business, according to Bloomberg News.
Catrin Shi
,
24 August 2016
Allied World appoints US cyber head
Allied World has hired Jason Glasgow to head up its US cyber practice, the carrier announced yesterday
Dan Ascher
,
24 August 2016
Italy struck by magnitude 6.2 earthquake
Central Italy was hit by a major earthquake at around 1:30am local time this morning, the largest in the region since April 2009
Charlie Thomas
,
24 August 2016
Ascot in midst of sale process
Ascot’s management and part-owner AIG are running a sale process for the Lloyd’s (re)insurer, The Insurance Insider understands.
Adam McNestrie
,
23 August 2016
XL Innovate takes stake in Lemonade
Insurance venture capital fund XL Innovate announced today it has made a "significant investment" in soon-to-launch peer-to-peer insurance company Lemonade.
Matthew Neill
,
23 August 2016
The Insider 30
Share price data on The Insurance Insider's universe of P&C (re)insurers
23 August 2016
PwC: Normal cat year would wipe out offshore energy profit
An "average" natural catastrophe year would erode all profits for energy offshore property risks in the Gulf of Mexico, according to PwC research
Catrin Shi
,
23 August 2016
Insider 30 into the red
Shares in The Insurance Insider's Insider 30 group of market-leading (re)insurers experienced a price drop of 0.7 percent on average last week, as less than a third posted positive movements.
Iulia Ciutina
,
23 August 2016
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