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Insurance
Property/casualty insurer WR Berkley has appointed Lucille Sgaglione as executive vice president and Kenneth Sroka as senior vice president (SVP). The appointments are effective immediately. 23 December 2015
Insurance
AM Best has announced that the financial strength rating (FSR) of A+ (Superior) of Zurich Insurance and its rated affiliates are unchanged following the announcement that Zurich American Insurance Company (ZAIC), Zurich’S US non-life subsidiary, will acquire 100 percent of Rural Community Insurance Agency (RCIA) and its wholly owned subsidiary, Rural Community Insurance Company (RCIC), together known as Rural Community Insurance Services (RCIS). 23 December 2015
Insurance
Zurich Insurance Group has announced that its board of directors has proposed to its shareholders to elect Jeffrey Hayman and David Nish to the board for a term of office of one year each. 22 December 2015
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) has confirmed that Liberty Specialty Markets (LSM), provider of re/insurance products, will provide renewal terms on all expiring policies within its non-Japanese portfolio written in Spain. 21 December 2015
Insurance
Skuld, the marine insurance provider, has reported a positive bottom-line result of $20 million in its results for the nine months ending 20 November 2015, including the provision of a new mutual members’ credit of $5 million. 21 December 2015
Insurance
Insurance law firm BLM has become the Association of British Insurers (ABI) first associate member. 21 December 2015
Insurance
Insurer ACE Group has launched a directors & officers (D&O) insurance cover for charities and not-for-profit organisations based in the UK & Ireland. 21 December 2015
Insurance
In the wake of Storm Desmond, insurers have already helped almost 1,500 families get into alternative accommodation and have so far made emergency payments totalling £2.6 million, according to the Association of British Insurers (ABI). 18 December 2015
News
JBA Risk Management, a provider of flood modelling services, has released a high resolution, multi-peril flood model of the UK to assist the insurance industry place household risks with the new reinsurance facility, Flood Re. 18 December 2015
Insurance
Natural catastrophes and man-made disasters caused approximately $85 billion of economic losses in 2015. 18 December 2015
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