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Insurance
OneBeacon placed 'under review' by AM Best due to Intact acquisition
Ratings agency AM Best has placed OneBeacon Insurance Group and its subsidiaries "under review with positive implications" following its acquisition by Intact Financial Corporation.   5 May 2017
Insurance
HCI boosts Q1 profits by cutting reinsurance costs
Florida-based homeowners’ insurer HCI reduced reinsurance purchases in the first quarter of 2017, boosting profits while price increases caused premium drop.   5 May 2017
Insurance
AXIS outlook revised to negative due to insurance operations
AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release.   19 February 2018
Insurance
AXA XL restructures E&S casualty leadership
Re/insurer AXA XL has unveiled its new excess & surplus (E&S) casualty product leads in the US, including a senior hire from QBE.   12 December 2018
Insurance
Lloyd’s Brexit transition a ‘huge challenge’ says Spink
Huge challenges around a post-Brexit transition still lie ahead for Lloyd’s, Hayley Spink, Brexit programme director at Lloyd’s of London, told delegates at the Fitch Ratings Insurance Roadshow in London.   25 January 2019
News
Qatar Re’s Saacke to step down; van der Straaten takes reins
Qatar Re is seeking a new chief executive after Gunther Saacke revealed he will step down from the role at the company’s next board meeting, scheduled for March, and leave the company later this year.   25 January 2019
Insurance
WR Berkley NA nat cat loss expected below $110m
Commercial re/insurer WR Berkley Corporation said on Oct. 4 that it expects catastrophe losses attributable to Hurricanes Harvey, Irma and Maria and the earthquakes in Mexico to be less than $110 million, before tax, or $72 million, after tax.   5 October 2017
Insurance
CNA hires Endurance US CEO as new chief underwriting officer
US-based CNA, a commercial insurance provider, has appointed Douglas Worman to fill the newly-created position of executive vice president and chief underwriting officer, effective from March 7.   17 February 2017
Insurance
HCI Group appoints executive vice president
Homeowners' re/insurance provider HCI Group has appointed Karin Coleman to executive vice president.   18 December 2017
Insurance
Property pricing expected flat to +5% post recent NA hurricanes
Insurance intermediary Brown & Brown is cautiously optimistic in property pricing, seeing pricing developments flat (admitted markets) to +5 percent (excess & surplus markets) post recent hurricanes, according to a Morgan Stanley Oct. 17 analyst note.   19 October 2017

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