Articles

Insurance

Allianz posts record €11.5bn operating profit despite "strong market volatility"

German insurance giant Allianz posted a record operating performance in 2018, reaching the upper end of its target. It also expects to generate a larger profit in 2019, provided there are no unforeseen performance interruptions.   15 February 2019

Insurance

Insurtech C-Quence hires from Chubb and AIG to grow commercial lines

C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has strengthened its underwriting team with senior hires from Chubb and AIG.   15 February 2019

Insurance

Miller swoops on Gallagher broker to expand specialty business in Asia

Re/insurance broker Miller has hired property broker Amanda Lee to further strengthen its specialty business in Asia.   15 February 2019

Insurance

NN Group supervisory board chair Jan Holsboer to step down

Dutch insurer NN Group has elected David Cole to succeed Jan Holsboer as the chairman of its supervisory board following its annual general meeting later this year in May.   15 February 2019

Insurance

Aon reveals traits allowing Florida specialist insurers to thrive

Aon has outlined the three characteristics that enable specialist insurers to “thrive, sometimes profitably, in one of the toughest property insurance markets” in Florida in the US, in a report out today (Thursday 14 February).   14 February 2019

Insurance

Lancashire back in black despite heavy Q4 losses

Lancashire Holdings sustained heavy losses in the fourth quarter but returned to profit in 2018 and improved its combined ratio.   14 February 2019

Insurance

AXA retail managing director Gareth Howell departs; interim successor revealed

AXA UK has made changes to its insurance leadership team following the departure of Gareth Howell, executive managing director of AXA Retail.   14 February 2019

Insurance

Chubb appoints new head of financial lines for Continental Europe

Property/casualty insurer Chubb has appointed Kyle Bryant to the newly-created position of head of financial lines for Continental Europe.   14 February 2019

Insurance

France draws up insurance emergency measures as hard Brexit nears

As the deadline for a no deal Brexit moves closer, the French government has published emergency measures relating to financial services and insurance, global law firm Clyde & Co has confirmed.   11 February 2019

Insurance

Fairfax appoints Peter Clarke as new chief operating officer

Canada-based Fairfax Financial Holdings, the property and casualty re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, has appointed Peter Clarke as vice president and chief operating office of Fairfax.   11 February 2019

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