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Insurance
The private US property/casualty insurance industry saw its net income after taxes drop 42.2 percent year-on-year to $7.7 billion in the first-quarter of 2017, according to ISO, a Verisk Analytics business. 26 June 2017
Insurance
Bermuda-based AXIS Insurance, a part of AXIS Capital Holdings, has appointed Marc Nance to executive vice president, excess and surplus property. He will be based in AXIS' Chicago office. 26 June 2017
Insurance
Ryan Specialty Group (RSG) has promoted Dawn D’Onofrio to chief executive officer and president of its managing general agency WKFC Underwriting Managers and CorRisk Solutions. 26 June 2017
Insurance
US-based health insurer Anthem has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach, Reuters reported on June 23. 26 June 2017
Insurance
US-based insurance provider AF Group has appointed Eric Halter as director of AF Specialty, the company's new business division focused on providing fronting capacity to insurance carriers, managing general agents (MGA), reinsurance intermediaries and captive managers. 26 June 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) has reached an agreement with US medical professional liability insurer Coverys to sell the entire share capital of its Lloyd's managing agency for $22.6 million. 23 June 2017
News
Bermuda-based Everest Re Group has appointed Matthew Kelly as vice president and head of the reinsurance division's international casualty facultative unit, based in company's Miami office. 23 June 2017
Insurance
A collaboration between insurers and IoT service providers is key to enable companies to interpret the huge amount of data available, model and price risks more accurately. 23 June 2017
Insurance
Top cyber insurance writers have shifted their writings to standalone policies and away from packaged policies, according to a June 22 AM Best report. 23 June 2017
Insurance
XL Catlin has strengthened its marine underwriting team in Latin America with a series of new hires and promotions. 22 June 2017
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