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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
Insurance
Generali Global Health, a subsidiary of Italian insurer Generali, has partnered with Dubai National Insurance and Reinsurance (DNIR) to launch an international health insurance product in the UAE. 3 March 2016
Insurance
Antares, a managing agent at Lloyd’s and a member of the QIC Group, has appointed Daniel Sanchez as marine hull underwriter, reporting to John Potter, marine hull, energy and liability account manager. 2 March 2016
Insurance
Chubb has launched Cyber Enterprise Risk Management, an end-to-end risk management solution, designed to meet the needs of middle-market and larger companies as well as multinationals in Continental Europe and the UK. 2 March 2016
Insurance
XL Catlin has introduced active assailant coverage to its crisis management product suite to respond to the threat of physical attack faced by businesses and public service providers. 2 March 2016
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