Articles

Insurance

Lockton picks new chief digital officer to drive innovation

Insurance broker Lockton has appointed Said Taiym as executive vice president and chief digital officer.   17 April 2018

Insurance

Marine insurer Skuld reports jump in 2016 profit

Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments.   12 May 2017

Insurance

R&Q completes reinsurance to close of Syndicate 3334

Bermuda-based Randall & Quilter (R&Q) has completed a transaction providing capital to support the reinsurance to close (RITC) of Hamilton Underwriting’s Syndicate 3334’s 2014 and prior years of account.   19 February 2018

Insurance

Malaysian Re deploys AIR’s cat model solution to expand

Malaysian Reinsurance Berhad (Malaysian Re), a wholly owned subsidiary of MNRB Holdings Berhad, has licensed AIR Worldwide’s catastrophe risk modelling platform for portfolio management and managing new risks.   8 May 2018

Insurance

Reinsurers more discerning at mid-year renewals: Willis Re

Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re.   2 July 2019

Insurance

Brown & Brown acquires Atlanta insurance agency

Brown & Brown Insurance Agency of Georgia, a subsidiary of insurance broker Brown & Brown, has acquired Manning & Nozick Insurance Agency.   11 April 2018

Insurance

R&Q strikes underwriting partnership with MGA

Randall & Quilter Investment Holdings' (R&Q's) subsidiary Accredited Surety & Casualty Company has closed a programme underwriting partnership with independent insurance managing general agent (MGA) and wholesaler American Team Managers (ATM).   11 April 2018

Insurance

Everest adds US property VP from Zurich Insurance

Everest Re Group has appointed Shaun Safi as vice president in the US property team of Everest Insurance. He joins from Zurich Insurance.   16 February 2018

News

Five European insurers suffer Moody’s downgrade

Unipol, Mapfre, Caser, Allianz Italy and Generali have all had their Insurance Financial Strength Rating (IFSR) downgraded by rating agency Moody’s.   16 February 2012

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

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