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Insurance
Rating agency AM Best has downgraded Maiden’s rating outlook due to “a decline in balance sheet strength and the potential that continuation of recent underwriting and operating trends could lead to negative action on the rating”. 5 March 2018
Insurance
Zurich North America has appointed David Putz to lead its alternative markets division. He will assume the role currently held by Kathleen Savio, who will transition to Zurich North America CEO. 9 November 2017
Insurance
Travel insurance provider Generali Global Assistance, part of the global Generali Group, has hired Tarik Ajami as general counsel and chief compliance officer of all Generali business lines in North America. 9 August 2017
Insurance
The Council of Insurance Agents & Brokers (CIAB) has reported signs of continued market firming in Q2 2019 as premium pricing for commercial property and casualty (P&C) showed “moderate increases” in the second quarter of the year. 28 August 2019
Insurance
Property loss activity has been benign in Central and Eastern Europe (CEE) in the past five to six years, benefiting insurers and reinsurers—but this should not mean rate decreases, Christian Kreutzer, head of market underwriting CEE at Swiss Re, told Baden-Baden Today. 24 October 2018
Insurance
Dutch EXIN Group has settled all pending litigation and disputes with US investor Calamos Family Partners. 26 June 2018
Technology
In a competitive market ‘specialisation can already be seen’. 13 November 2019
Insurance
Being an incumbent and established player is a natural advantage in the re/insurance market, but only when combined with a receptive approach to disruptive newcomers, according to panellists in Guy Carpenter’s Symposium at Baden-Baden on Sunday. 24 October 2017
Insurance
HSB Engineering Insurance (HSB), part of Munich Re, has launched HSB machinery and technology insurance, its combined equipment breakdown, deterioration of stock and loss of income policy. 11 May 2016
Insurance
Lloyd’s may appear to be leading the way on championing underwriting discipline, but all re/insurers should charge an appropriate price and also be disciplined on the terms and conditions they offer, Robert Wildbore, director of reinsurance at Ed Broking, told Baden-Baden Today. 24 October 2018
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