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Insurance
With the pressures on reinsurers unlikely to change over the next 12 months due to alternative capital providers putting ever more pressure on their underwriting performance, Fitch believes more mergers & acquisitions could be triggered in 2018. 10 September 2017
Insurance
Direct Line Insurance Group has appointed Penny James as chief financial officer and executive director on its board, effective Nov. 1. 9 September 2017
Insurance
European run-off insurance company DARAG has announced a legacy transaction in Israel with an undisclosed insurer. 8 September 2017
Insurance
The UK government’s new proposal for the personal injury Ogden discount rate could mean reserve releases for re/insurers of up to £2.5 billion, according to consultancy firm EY. 7 September 2017
Insurance
Swiss insurer Zurich has appointed Peter Huber as CEO of its international business. 7 September 2017
Insurance
Bermuda-based reinsurance group Premia Holdings has appointed DARAG Germany CEO to lead its European operations. 7 September 2017
Insurance
European run-off insurance company DARAG has strengthened its core team with three senior appointments including Mike Trotman as chief financial officer (CFO), Alex Roth as head of M&A, and Jim Wilson as group chief transaction officer. 7 September 2017
Insurance
The UK’s Lord Chancellor David Lidington has proposed to change the setting of the personal injury Ogden discount rate to set by reference to “low risk” rather than “very low risk” investments as at present, better reflecting evidence of the actual investment habits of claimants. 7 September 2017
Insurance
Barbican’s David Reeves is one of the few high-profile CEOs in the London Market to openly admit he welcomes the UK’s vote to leave the EU. 7 September 2017
Insurance
Barbican has bucked many trends and proved the doubters wrong since its ‘brutal’ 2007 launch. But going against the grain is second nature to David Reeves, its chief executive, who is comfortable doing things his way, away from the pack. Intelligent Insurer reports. 6 September 2017
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