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Insurance
Sompo Holdings expects consolidated ordinary profit to double in the full year 2018 (ending March 31, 2019) based on the impact of hurricanes in North America and large losses. 18 May 2018
Insurance
Aviva's most recent bulk annuity transaction with retailer Marks and Spencer (M&S) is more than 50 percent larger than any of Aviva's previous bulk transactions, according to Jefferies analysts. 18 May 2018
Insurance
Re/insurance broker Aon has appointed John English as CEO for its Aon Captive & Insurance Management business. 18 May 2018
Insurance
The American Council of Life Insurers (ACLI) has appointed Susan Neely as president and CEO, succeeding Dirk Kempthorne, who has stepped down after eight years at the helm of the ACLI. 18 May 2018
Insurance
US personal lines insurer Allstate Corporation estimated catastrophe losses for the month of April 2018 of $211 million before taxes. 17 May 2018
Insurance
The administrator of New Zealand-based CBLC, the ultimate parent of CBL group of Companies (CBL group), has recommended the liquidation of the re/insurance company. 15 May 2018
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
American International Group (AIG) had a disappointing start to 2018 as results missed expectations and caused the share price to dive, but CEO Brian Duperreault promised during the May 3 first quarter 2018 results call that the company is on track to address the issues in general insurance and deliver double-digit return on equity (ROE). 9 May 2018
Insurance
Lloyd’s of London’s chief financial officer John Parry is leaving the corporation after 17 years. 1 May 2018
Insurance
Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments. 1 May 2018
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