The UK insurance industry has expressed its concern over the Lord Chancellor’s decision to change the Ogden discount rate to -0.75 percent from 2.5 percent.
Deanna Mulligan, the CEO of Guardian Life Insurance Company of America, has stepped down from the board of directors of Arch Capital Group.
Berkshire Hathaway Specialty Insurance boosted premium volumes by 40 percent in 2016 to $1.3 billion.
QBE Insurance Group has appointed David McMillan as group chief operations officer, and Victor Walter as deputy group chief financial officer (CFO).
Specialist Lloyd's insurer Neon has expanded its property insurance team with the appointment of Sam Yates and Jonathan Powell.
Ryan Specialty Group (RSG) Underwriting Managers has signed an agreement to acquire specialty marine managing general agency (MGA) Trident Marine Managers.
QBE group CEO John Neal has lost over A$550,000 ($422.500) in pay due to a delay in notifying his board that he was involved in a relationship with his personal assistant, the company confirmed to Intelligent Insurer.
Bermuda-based specialty re/insurer Argo Group has partnered with Marine Underwriters of America (MUA), to underwrite a suite of physical damage and liability products for recreational marine businesses.
Bluefin Underwriting, the managing general agent (MGA) arm of Bluefin, has boosted its presence in the North East with the appointment of a new broker development manager Ian Chapman to cover the Yorkshire and North East of England region.
Asta, a third-party managing agent at Lloyd's, has announced its investment in a new London and Dubai reinsurance managing general agency (MGA) Arma Underwriting.