European insurance companies posted strong results in 1H24, driven by favourable interest rates and pricing cycles, despite varied national trends, according to Fitch Ratings. Most insurers are on … [Read More...] about European insurers on track for solid FY24 results despite varied country trends: Fitch
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P&C Insurance
European insurers on track for solid FY24 results despite varied country trends: Fitch
Konrad Baumann joins SRS Switzerland as GM for SRS Europe
Strategic Risk Solutions (SRS), an independent provider of insurance, reinsurance and captive management and consulting services, has announced that Konrad Baumann has joined SRS Switzerland as a … [Read More...] about Konrad Baumann joins SRS Switzerland as GM for SRS Europe
Triple-I & Milliman reveals US P&C H1’24 are underwriting results better than expected
According to the latest forecasting report by the Insurance Information Institute (Triple-I) and collaborating partner, Milliman, the first-half economic and underwriting results for the US property … [Read More...] about Triple-I & Milliman reveals US P&C H1’24 are underwriting results better than expected
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Modernisation as the key to effective risk selection and pricing in underwriting: Altus Consulting
Altus Consulting, a specialist in Financial Services Management Consultancy, has released a whitepaper titled All Aboard for Modernisation: Next Stop Underwriting, which discusses the insurance industry’s imminent next phase of modernisation, with … [Read More...] about Modernisation as the key to effective risk selection and pricing in underwriting: Altus Consulting
AXIS Capital introduces new leadership for its Irish legal entities
AXIS Capital Holdings Limited, a provider of specialty insurance and reinsurance solutions, has announced new leadership appointments for its Irish legal entities, AXIS Re SE and AXIS Specialty Europe SE, both based in Ireland and regulated by the Central Bank … [Read More...] about AXIS Capital introduces new leadership for its Irish legal entities
WTW report highlights stability in North American commercial insurance rates
According to the latest Insurance Marketplace Realities report from WTW, an advisory, broking, and solutions firm, commercial insurance rates have maintained steadiness and balance throughout the year across North America. WTW notes that new capital entering … [Read More...] about WTW report highlights stability in North American commercial insurance rates
Ambac partners with Mike Miller-led MGA Pivix
Insurance holding company Ambac has partnered with Mike Miller and his team on the launch of Pivix Specialty Insurance Services Inc., a managing general agency focusing on the excess and surplus (E&S) lines market. Miller, who is the former president of … [Read More...] about Ambac partners with Mike Miller-led MGA Pivix
Milton landfall along central west coast of Florida will be a major event for re/insurers: BMS
Hurricane Milton is now a Category 5 with maximum sustained winds estimated at 160 mph with higher gusts, and while there remains much uncertainty as to how strong Milton will be at landfall and the exact location of this, BMS Group’s Andrew Siffert has … [Read More...] about Milton landfall along central west coast of Florida will be a major event for re/insurers: BMS