Commercial auto insurance saw double digit price increases reported for the fourth consecutive quarter in Q1 2019, according to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS). 11 June 2019
Bermuda multi-line insurer Argus Group reported net earnings of $14.2m for the 2019 financial year, a satisfying result after the net loss of $18.6m recorded in the corresponding period in 2018. 11 June 2019
Everest Insurance, a subsidiary of Bermuda-headquartered Everest Re Group, has expanded its retail excess casualty team with the hire of Mike Ludy as director and Erin Bouren as vice president, Western territory. 10 June 2019
Specialty insurer Tokio Marine HCC (TMHCC), member of the Tokio Marine Group, has appointed Paul Knighton to its marine liability division as marine liability and logistics underwriter. 10 June 2019
Seven severe convective storms affecting central and eastern parts of the US in May will trigger insurance industry payouts worth billions of dollars, according to Aon, the highest May tally since 2015. 7 June 2019
Reinsurers' sentiment is increasingly positive, with underwriters “more willing to push for price increases across business lines,” according to S&P Global. 7 June 2019
Aspen Re, the reinsurance segment of Aspen, has appointed Meredith Head as head of North America property catastrophe, effective September 2019. 6 June 2019
Athene Holding, a provider of retirement savings products, is planning an opportunistic offering of preference shares to help fund Athene Co-Invest Reinsurance Affiliate (ACRA) – its strategic capital solution. 6 June 2019
