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Insurance
Higher pricing following the major catastrophe losses in 2017 together with a lower US tax rate is set to boost property/casualty (P&C) earnings in 2018, according to Morgan Stanley research. 18 January 2018
Insurance
Liberty Mutual Company Ironshore has appointed Steve Horton to chief executive officer of managing general insurance agency Iron-Starr, and Susan Pateras to chief operating officer of Ironshore Bermuda. 18 January 2018
Insurance
Insurer Aviva has appointed Colm Holmes, currently CEO of UK general insurance, as new chief executive of its Canadian business. 17 January 2018
Insurance
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has appointed Paul Woodward as head of North American casualty. 17 January 2018
Insurance
Wildfires in Northern California and in Southern California caused record-breaking insured losses in 2017, impacting re/insurers’ profitability and requiring changes in underwriting and the underlying risk models. 17 January 2018
Insurance
Specialist Lloyd’s insurer Beazley has prepared the market for better than expected 2017 financial results. 17 January 2018
Insurance
US-based global insurance broker AmWINS Group has promoted Scott Purviance to succeed Steven DeCarlo as the company’s CEO, effective May 1, 2018. 17 January 2018
Insurance
The California insurance commissioner and legislators unveiled eight bills (six of which have already been introduced) and two additional legislative proposals designed to strengthen consumer protections for wildfire survivors. 17 January 2018
Insurance
Insurance broker Lockton has promoted Nate Mundy to senior vice president and chief operating officer of its Pacific operations in the US. 17 January 2018
Insurance
General Electric (GE) is taking an after-tax GAAP charge of $6.2 billion for the fourth quarter of 2017 on its legacy insurance portfolio. 16 January 2018
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