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Disposing of legacy portfolios is an increasingly important mechanism in the capital management toolbox, but how are carriers to be persuaded that it’s a good idea? Tom Dixon of Randall & Quilter has some answers. 8 May 2017
Insurance
IRLA is an exceptional forum for the legacy industry, providing a single coordinated voice to government and interested parties worldwide, says James Bolton, chairman of the IRLA Membership and Communications Committee. 8 May 2017
Insurance
France-based credit insurance company reported lower net income for the first quarter of 2017 but the combined ratio improved as the company implements actions to protect profitability. 8 May 2017
Insurance
As more insurers regard the use of run-off as a mainstream strategic tool, so investors have responded—backing the launch and growth of specialist consolidators geared up to buying and managing portfolios of business in run-off. Intelligent Insurer reports. 5 May 2017
Insurance
German insurer Allianz has elected former CEO Michael Diekmann to become the firm’s chairman, replacing Helmut Perlet. 5 May 2017
Insurance
AIG’s European operations recorded a loss before taxes in 2016 as several factors impacted the performance while the situation improved in the first quarter of 2017. 4 May 2017
Insurance
Broker Willis Towers Watson reported a 43.7 percent year-on-year increase in net profit for the first quarter of 2017 as the income from its operations rose. 4 May 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group reported a jump in its first quarter 2017 catastrophe losses impacting results. 4 May 2017
Insurance
Insurtech start-up Next has raised $29 million in a Series A funding round led by Munich Re, through its venture capital arm HSB Ventures, along with Markel, Nationwide, and other investors. 4 May 2017
Insurance
Swiss Re expects to benefit from “very significant growth” potential by setting up a new hub in Singapore but is shrinking the business elsewhere to protect profitability. 4 May 2017
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