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Insurance
Re/insurer Allied World has posted a dramatic fall in its 2015 profits, at $89.3 million, compared with $490.3 million in the previous year. 4 February 2016
Insurance
US insurer Travelers has appointed Aaron Devitt as chief operating officer (COO) of Travelers Europe, where he will oversee the operations, claim and marketing functions. 4 February 2016
Insurance
Munich Re posted a solid set of results for 2015 as its profits and gross written premiums (GWP) remained stable. 4 February 2016
Insurance
Lloyd’s insurer Beazley has reported a solid set of results for 2015, compared with its 2014 results. 4 February 2016
Insurance
Adsensa, a developer of document intelligence solutions, has appointed Laurie Davison as its new chief executive officer (CEO). 4 February 2016
News
Flood Re, the UK Government’s scheme to pool flood risk, has successfully secured a £2.1 billion multi-year reinsurance programme. 3 February 2016
Insurance
The Financial Conduct Authority (FCA) has fined five individuals and two firms a total of £15.5 million, in addition to banning four of those individuals, for significant integrity and competence failings. 3 February 2016
News
Hannover Re says it is largely satisfied with the outcome of its treaty renewals as of January 1, despite sustained significant competition in most areas of property and casualty reinsurance. 3 February 2016
Insurance
PIB Insurance Brokers has recruited Bernard Mageean as managing director, underwriting and placement. 3 February 2016
Insurance
Insurance Europe has said it supports the overall project to create a pan-European pension product (PEPP). 3 February 2016
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