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Insurance company Allianz has appointed Jacqueline Hunt to its board of management, taking over responsibility for asset management and US life insurance. 11 March 2016
Insurance
UK non-life insurance results highlight the significant impact that different investment and underwriting risk strategies have on Solvency II (SII) capital ratios, according to Fitch Ratings. 10 March 2016
News
Hannover Re, the third largest reinsurer in the world, has posted record results for 2015, with a group net income of €1.15 billion, beating the reinsurer’s target profit of €950 million. 10 March 2016
Insurance
Global insurance firm American International Group (AIG) has entered into a two-year reinsurance arrangement with Swiss Re, under which a share of AIG’s new and renewal US casualty portfolio will be ceded to the reinsurer. 10 March 2016
Insurance
Amlin, the global specialty re/insurer, has posted a slight dip in its 2015 profit, down to £252.3 million, compared with £258.7 million in 2014, amid challenging market conditions. 9 March 2016
Insurance
Italian insurance group Generali has received Solvency II approval from IVASS, the Italian Institute for the Supervision of Insurance. 8 March 2016
Insurance
Gibraltar-registered Acromas Insurance Company (AICL) has appointed Arc Legal Assistance to provide a managing agent service for the personal legal expenses policies it underwrites for brands including Saga. 8 March 2016
News
Swiss Re has completed the public share buy-back programme of up to Sfr1 billion ($1.01 billion) purchase value, authorised by the annual general meeting on 21 April 2015 and which it launched on 12 November 2015. 4 March 2016
Insurance
James Tugendhat, the chief commercial officer (CCO) of Towergate, has quit after two years as a member of the executive team. 3 March 2016
Alternative Risk Transfer
XL Catlin has completed a $300 million catastrophe bond protecting itself against a mixture of windstorm and earthquake risk in the US, Canada and Europe. It is the first time the company has used this form of protection since XL Group acquired Catlin. 3 March 2016
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