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The marine, energy and aviation markets have allowed themselves to slip into low single-digit return on equities, and must push back on rates to return to double digits, Adrian Poxon, executive vice president and head of global specialty reinsurance at Sompo International, told Baden-Baden Today. 24 October 2017
Insurance
American International Group’s (AIG) leaving CEO Peter Hancock was denied a bonus for 2016 after the company recorded a $3 billion net loss for the fourth quarter of 2016. 20 March 2017
Insurance
Property/casualty insurer Chubb has made several new leadership appointments within its global casualty and excess casualty lines of business for North America major accounts division, which serves large US and Canadian-based companies for complex global risks. 14 July 2017
Insurance
Risk modelling and data analytics firm RMS said on Sept. 20 that it partnered with cloud computing platform Microsoft Azure to help insurance companies to overcome limitations to their business agility. 20 September 2017
Insurance
Specialist insurer Hiscox has appointed Kate Markham as CEO for its London Market business. 11 October 2017
News
The current soft property/casualty (P&C) reinsurance market is unlikely to harden in 2018 despite recent nat cat events, according to research firm CreditSights analysts. 6 October 2017
Insurance
Liberty Specialty Markets' (LSM) president and global managing director Nick Metcalf has handed over the reins of LSM to Matthew Moore. 16 August 2017
Insurance
Aon Risk Solutions, the global risk management business of Aon, has announced the hiring of Joe Clark and Taylor Turney in the US. 10 May 2017
Insurance
Weather Analytics, a US-based provider of risk information for insurance carriers, has acquired and merged with Athenium. The new entity will operate as Athenium Analytics. 16 May 2018
Insurance
Oman Qatar Insurance (OQIC), a subsidiary of the Qatar Insurance Company (QIC), has announced its plans to float 25 million shares through an initial public offering on the Muscat Securities Market shortly. 14 August 2017
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