Articles

Insurance

XL Catlin appoints North America global risk leader from AIG

Re/insurer XL Catlin has appointed Chris Kopser to lead its global risk management insurance North America division as president.   21 August 2018

Insurance

S&P ups Argo outlook on profitability measures

S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings.   20 August 2018

Insurance

Aon names US commercial risk broking head

Aon has appointed Brian Wanat as chief broking officer of US commercial risk solutions.   17 August 2018

Insurance

Allstate cat losses drop in July

US personal lines insurer Allstate Corporation has estimated catastrophe losses for the month of July 2018 at $262 million, pre-tax and $207 million after-tax.   17 August 2018

Insurance

QBE Europe combined ratio jumps in H1 while North America improves

Australia-based QBE has benefitted from improvements in its North American operations in the first half of 2018 while the European unit’s performance weighed on results.   16 August 2018

Insurance

DARAG appoints Halley as group CFO

Legacy acquirer DARAG has appointed James Halley as group chief financial officer, effective Sept. 3, 2018.   16 August 2018

Insurance

QBE North America sells personal insurance business to Liberty

Specialist insurer QBE North America, a unit of Australia’s QBE Insurance Group, has agreed to sell its personal insurance business to Safeco Insurance, a Liberty Mutual Company.   16 August 2018

Insurance

Insurtech Tremor launches reinsurance platform

Connecticut-based startup Tremor Technologies has launched a risk placement marketplace for reinsurance protection.   16 August 2018

Insurance

Brit rebuts reports that it is exiting US yacht

Brit Global Specialty USA (BGSU) has affirmed its commitment to the US Yacht market after media reports saying that Brit Global Speciality, Lloyd’s syndicate 2987, ended its yacht insurance business lines.   15 August 2018

News

Reinsurers align third-party capital with their needs

Reinsurers have embraced third-party capital through instruments like sidecars, collateralized reinsurance, and catastrophe bonds and the retrocession market increasingly depends on this convergence capital, a new report by S&P Global Ratings states.   15 August 2018

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