Lloyd's of London reported its best underwriting performance in 16 years in 2023 thanks partly to improve...
Saudi Arabia: Oil giant's captive insurer's financial performance expected to remain strong
Saudi Arabian Oil Company's (SAOC) captive insurance company, Bermuda-based Stellar Insurance, is expected to show a strong performance in 2023 and prospectively...
Saudi Arabian Oil Company's (SAOC) captive insurance company, Bermuda-based Stellar Insurance, is expected to show a strong performance in 2023 and prospectively...
Article / 5 months ago
Investment results hand Everen a $776.7m loss - The Royal Gazette
Everen Limited, the Bermudian-based energy insurer, has reported a net loss of $776.7 million for fiscal year 2022...
Everen Limited, the Bermudian-based energy insurer, has reported a net loss of $776.7 million for fiscal year 2022...
royalgazette.com /
Article / 1 year ago
Saudi Arabia: Oil giant's captive unit posts strong underwriting gains
Bermuda-based Stellar Insurance, an indirect wholly-owned captive insurer of Saudi Arabian Oil Company (Aramco), has reported strong operating results over the past five years
Bermuda-based Stellar Insurance, an indirect wholly-owned captive insurer of Saudi Arabian Oil Company (Aramco), has reported strong operating results over the past five years
Article / 1 year ago
Australia: Steep decline expected for motor insurance market
Australia's motor insurance market is forecast to contract by 4.4% in 2020 due to the effects of COVID-19, a sharp decline from 3.6% growth in 2019, according to data...
Australia's motor insurance market is forecast to contract by 4.4% in 2020 due to the effects of COVID-19, a sharp decline from 3.6% growth in 2019, according to data...
Article / 4 years ago
Star Group gets weather derivative payout after warmer first-quarter
Weather hedging seems to have worked as intended for Star Group (formerly Star Gas Partners) in the first-quarter of 2020, as higher temperatures in the...
Weather hedging seems to have worked as intended for Star Group (formerly Star Gas Partners) in the first-quarter of 2020, as higher temperatures in the...
Article / 4 years ago
Marine and energy liability, A&H push Aspen syndicate to 139% COR
Aspen Syndicate 4711 reported a loss of £57.4mn ($71.0mn) in 2019, more than double its 2018 losses, as it continued to feel the impact of adverse development on prior years...
Aspen Syndicate 4711 reported a loss of £57.4mn ($71.0mn) in 2019, more than double its 2018 losses, as it continued to feel the impact of adverse development on prior years...
Article / 4 years ago
Losses in reinsurance, casualty, aviation & marine: Lloyd’s 2019 results by line
All areas of reinsurance in Lloyd’s reported aggregate underwriting losses for 2019, while within primary insurance the trajectories of P&C diverged sharply...
All areas of reinsurance in Lloyd’s reported aggregate underwriting losses for 2019, while within primary insurance the trajectories of P&C diverged sharply...
Article / 4 years ago
Saudi Aramco IPO unlikely to happen this year after oil attacks: sources - Reuters
Saudi Arabia is unlikely to list its state-owned oil giant Aramco this year...
Saudi Arabia is unlikely to list its state-owned oil giant Aramco this year...
reuters.com /
Article / 5 years ago
Forward momentum: Jean-Paul Conoscente
“I’m in the optimistic camp right now,” says SCOR Global P&C Chief Executive Officer Jean-Paul Conoscente – and while many executives in his position might offer such a statement...
“I’m in the optimistic camp right now,” says SCOR Global P&C Chief Executive Officer Jean-Paul Conoscente – and while many executives in his position might offer such a statement...
reactionsnet.com /
Article / 5 years ago
No ‘meaningful’ losses for insurers excluding coal risks: Moody’s - Business Insurance
The recent move by certain large insurers to stop writing thermal coal risks is not expected to result in a meaningful loss of business...
The recent move by certain large insurers to stop writing thermal coal risks is not expected to result in a meaningful loss of business...
businessinsurance.com /
Article / 5 years ago
