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Insurance
Chicago-based commercial and property/casualty (P/C) insurer CNA Financial Corporation boosted results in the first quarter of 2017 pushed by the P/C unit and driven by investment returns and lower underwriting expenses. 2 May 2017
Insurance
Allianz’s profits soared in the second quarter of 2017 driven by a strong performance in its property/casualty segment, which benefited from lower losses from natural catastrophes and lower attritional losses. 4 August 2017
Alternative Risk Transfer
Heritage Property and Casualty Insurance, a Florida Citizens takeout insurer formed in 2012, is to use the insurance-linked securities (ILS) markets as a means of risk transfer for the first time. 1 April 2014
Insurance
Allianz has expanded its high net worth insurance specialist subsidiary Home & Legacy with three appointments in the claims and technical units. 7 April 2017
Insurance
The World Bank (International Bank for Reconstruction and Development) has launched bonds that will support the Pandemic Emergency Financing Facility (PEF), which will channel first-response surge funding to developing countries facing the risk of a pandemic. 29 June 2017
News
After heading the group for over thirteen years in a row, chief executive Nikolaus von Bomhardhas has officially left Munich Re following the company's annual general meeting on April 26. 27 April 2017
Insurance
Anbang Insurance Group said on June 14 that its chairman Wu Xiaohui is stepping aside with a media outlet claiming that he has been detained. 14 June 2017
Insurance
Dutch firm EXIN Financial Services Holding said on June 29 that it acquired a 75 percent stake in insurer Ethniki Hellenic General Insurance from the National Bank of Greece (NBG) for €718 million. 29 June 2017
Insurance
Legal & General (L&G) has appointed Cheryl Agius as the chief executive officer (CEO) of its general insurance business. 15 December 2016
Insurance
Loss adjusting business Charles Taylor Adjusting (CTA) acquired UK-based Criterion Adjusters, which comprises Criterion Surveyors, a high net worth-focused pre-risk survey business, and Criterion Claims Management, a specialist claims firm. 10 August 2017
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