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Insurance
Allianz Life Insurance Company of North America has hired Tobias Fritsch as chief operating officer for its investment management division. 9 May 2017
Insurance
ProAssurance’s consolidated combined ratio for Q3 is 103.6 percent, a two-percentage point increase quarter-over-quarter. The company said this was primarily due to changes in the mix of premiums earned and a lower amount of prior accident year favourable development due to its perception of loss trends in the healthcare professional liability market. 7 November 2019
News
In the first half of 2017, the reinsurance sector generated returns only 1.2 percent above its cost of capital, according to a new report by S&P Global Ratings. 5 September 2017
Insurance
US-based property/casualty firm Hanover Insurance Group has expanded its business in Pennsylvania to include personal lines insurance, and has appointed a group of independent agents in the Commonwealth to serve its growing customer base. 14 June 2017
Insurance
Life and general insurance provider Legal & General (L&G) has appointed Carol Hughes to the role of head of regional broker within its general insurance division. 9 May 2017
Alternative Risk Transfer
The recent oversubscription to the Californian Earthquake Association catastrophe bond has signalled the return of investor demand for catastrophe bond investment opportunities, according to experts. 1 September 2011
Insurance
Elseco, the fintech specialty insurance underwriting platform headquartered at the Dubai International Financial Centre (DIFC), has expanded its aviation capabilities and book of business with the appointment of Olivier Marre. 10 July 2017
Insurance
Property/casualty insurer Chubb has named Liz Daly senior vice president and house counsel manager for its North America claims organisation. 17 August 2017
Insurance
Specialist re/insurance provider Pro Global Insurance Solutions in Argentina, part of Pro Global, has partnered with Germany-based ZASS International to enhanced its global marine recoveries operations. 21 June 2017
Insurance
Prior-year reserve releases, which have been supporting reinsurers’ profitability in the current soft market, are drying up at some reinsurers, which may help to increase rates, Munich Re chief financial officer Jörg Schneider. 9 May 2017
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