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London

Set Alert for Insurance Day Regions :: London

Legal Focus: Judge rules on validity of purported Part 36 offer

Decision confirms an appropriately worded offer from a counterclaiming defendant will be treated as a claimant’s offer
Legal focus United Kingdom

MGAA adds to board as it looks to drive 'ambitious strategy'

Tempo Underwriting founder joins board of Managing General Agents' Association  
United Kingdom Distribution

Top UK insurers report gender pay gaps around 27%

Lloyd’s, Aviva and the UK operations of Zurich and Axa reported a mean gender pay gap in favour of men of between 27% and 28.5%

United Kingdom Axa
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Bermuda

Set Alert for Insurance Day Regions :: Bermuda

Mortgage insurance propels Arch to Q4 earnings beat

Catastrophes hit reinsurance and insurance segments
North America Bermuda

Beware execution risk as M&A market heats up: Fitch

Re/insurance executives hoping a tie-up will solve their profitability problems ought to think twice
International Mergers and Acquisitions

Bermuda attracts new captive insurers

Seventeen new captives were registered in 2017, bringing the total to 739
Bermuda
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Europe

Set Alert for Insurance Day Regions :: Europe

Scor smashes estimates despsite cat losses

Cat losses cost Paris-based reinsurer more than €680m 
Europe Scor

Legal Focus: Judge rules on validity of purported Part 36 offer

Decision confirms an appropriately worded offer from a counterclaiming defendant will be treated as a claimant’s offer
Legal focus United Kingdom

Madrid mobilises Latin connection to re-route business from London

Fears mount Brexit will further drive Latin American business away from London to the Spanish capital
Distribution Brexit
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Americas

Set Alert for Insurance Day Regions :: Americas

PartnerRe books $1m operating loss in 2017

Losses for hurricanes Harvey, Irma and Maria were $472m

North America PartnerRe

Madrid mobilises Latin connection to re-route business from London

Fears mount Brexit will further drive Latin American business away from London to the Spanish capital
Distribution Brexit

Greenlight Re swings to loss on reserve charge and investment loss

Reserve charge related to professional liability exposures and additional reporting on individual claims
North America Reinsurance
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Asia-Pacific

Set Alert for Insurance Day Regions :: Asia-Pacific

Risk Foresight: Islamic State seeks female fighters as manpower crisis bites

Portrayal of women in combat likely to reflect attempt to obtain new fighters to compensate for the steady attrition of militants killed in battle and the decline in foreign fighters joining
Asia Pacific Middle East and Africa

Prudential Financial takes minority stake in Peak Re

Fosun International remains largest shareholder
Asia Pacific Hong Kong

Legal Focus: Singapore makes push to hear international disputes

Legislation gives Singapore International Commercial Court jurisdiction to hear international commercial arbitration-related court proceedings
Legal focus Asia Pacific
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Middle East and Africa

Set Alert for Insurance Day Regions :: Middle East and Africa

Risk Foresight: Islamic State seeks female fighters as manpower crisis bites

Portrayal of women in combat likely to reflect attempt to obtain new fighters to compensate for the steady attrition of militants killed in battle and the decline in foreign fighters joining
Asia Pacific Middle East and Africa

Dubai under pressure to expand territorial reach

Dubai faces a number of challenges in extending the geographic diversification of the business coming into the market - but there are factors working in its favour
Distribution Reinsurance

Risk Foresight: Further oil export sanctions on the cards for Venezuela

Fresh sanctions would raise risk of formal default and non-payment risks
South America Middle East and Africa
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Global

Set Alert for Insurance Day Regions :: Global

PartnerRe books $1m operating loss in 2017

Losses for hurricanes Harvey, Irma and Maria were $472m

North America PartnerRe

Scor smashes estimates despsite cat losses

Cat losses cost Paris-based reinsurer more than €680m 
Europe Scor

Legal Focus: New York deadline on cyber cover passes

Firms had a February 15 deadline for compliance with the Cybersecurity Requirements for Financial Services Companies regulations
Legal focus Cyber
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