Oil Tankers Cut Navigation Risks in Strait of Hormuz by Vanishing from Tracking Systems August 1, 2019 By Brian Wingfield and Julian Lee Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most...
Specialist Broker SSL Endeavour to Launch Cyprus & Greece Subsidiary August 1, 2019 Specialist independent Lloyd’s broker SSL Endeavour Ltd. announced it is planning to launch a wholly owned subsidiary, SSL Endeavour Insurance...
Hiscox Re & ILS Promotes Dolphin to Director of Underwriting, Lee to COO August 1, 2019 Specialist Bermuda-based insurer Hiscox announced two new appointments within Hiscox Re & ILS. Andrew Dolphin has been appointed director of...
Generali’s Net Profit Rises 34.6% in First Half August 1, 2019 By Gianluca Semeraro Italy’s top insurer, Generali , reported first-half operating profit above market estimates on Thursday, helped by growth across its business...
AXA’s H1 Net Income Drops 19% on Hit From Spinoff of Equitable in U.S. August 1, 2019 By Will Hadfield and Andrew Blackman AXA SA’s shift away from life insurance yielded growing volumes and improved profitability as a restructuring move hit the bottom...
AXA XL Appoints Fumagalli as Head of International Financial Lines, Europe July 31, 2019 AXA XL Insurance announced the appointment of Simona Fumagalli as head of International Financial Lines, Europe, based in Milan. In...
Arch Capital to Acquire UK-Based Barbican Group Holdings July 31, 2019 Arch Capital Group Ltd. has entered into an agreement to purchase Barbican Group Holdings Ltd. from funds managed by Carlson...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO July 31, 2019 By Sumeet Chatterjee Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its...
Swiss Re H1 Profit Hit by Ethiopian Airlines Crash, Grounding of Boeing 737 MAX July 31, 2019 Swiss Re’s first-half net profit fell 5.3%, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of...