Articles

Insurance

Generali P&C profits up 14% in Q1

Italian insurance group Generali has increased operating results in its property/casualty (P&C) segment by 14.1 percent year on year to €528 million in the first quarter of 2018 due to improvements in the non-catastrophe loss ratio.   4 May 2018

Insurance

Solid growth but changes to US GAAP hit profits at Swiss Re

Swiss Re enjoyed strong growth in the first quarter driven by its L&H Re and in Life Capital units but its profits were effected by a change in US GAAP accounting covering guidance on recognition and measurement of equity investments, which meant it took a $280 million hit to its net profit.   4 May 2018

Insurance

McLarens expands in the UK

Global loss adjuster McLarens is expanding its offering in the UK’s Midlands with the opening of a new office in Nottingham, in addition to promotions in the region.   3 May 2018

Insurance

Talbot makes Singapore, London appointments for political risk, credit expansion

Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations.   3 May 2018

Insurance

LMG inks 3-year contract for delegated authority solution

The London Market Group (LMG) has signed a three-year contract with technology provider Charles Taylor InsureTech to provide a delegated authority solution to the Lloyd’s and London company insurance markets.   3 May 2018

Insurance

Swiss Re expands African operations with new P&C licence

Swiss Re has strengthened its African business through its newly approved licence for property & casualty (P&C) business in South Africa.   2 May 2018

Insurance

Lloyd’s CFO resigns, leaves early 2019

Lloyd’s of London’s chief financial officer John Parry is leaving the corporation after 17 years.   1 May 2018

Insurance

Pioneer appoints chief operating officer from WTW

Pioneer Underwriters has appointed Simon Gaffney as group chief operating officer, effective immediately, based in London.   1 May 2018

Insurance

Swiss Re appoints UK/Ireland corporate solutions head from Zurich

Swiss Re’s unit corporate solutions has appointed Jake Algar as head UK & Ireland, effective May 1, 2018 as the company expand the business.   1 May 2018

Insurance

Tokio Marine Kiln appoints new group chief operating officer

Specialist and corporate insurance provider Tokio Marine Kiln (TMK) has appointed Anna McNamara as group chief operating officer (COO) with effect from April 26.   30 April 2018

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