Articles
Insurance
US-based Hartford Financial Services Group has unveiled a new operating model and organisational structure that will be effective once it has finalised its acquisition of the Navigators Group. 4 February 2019
Insurance
American International Group (AIG) has rehired Mark Lyons as senior vice president and chief actuary, general insurance. 15 May 2018
Insurance
Private US property/casualty insurers saw catastrophe losses suppressing the industry's net income after taxes to $36.1 billion in 2017, a 15.8 percent decline from a year earlier, according to Verisk unit ISO. 15 May 2018
Insurance
AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has promoted Nicole Lim to deputy chief underwriting officer, Singapore. 8 January 2018
Insurance
Hurricane Maria, the second major storm to hit the Caribbean this month, crept toward the US Virgin Islands and Puerto Rico after it ripped through the small island nation of Dominica, causing widespread devastation, according to a Reuters report. 19 September 2017
Insurance
Insurers have received nearly 45,000 insurance claims totalling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, according to insurance commissioner Dave Jones. 1 February 2018
Insurance
Storm Friederike is expected to increase German property/casualty (P&C) insurers’ full-year 2018 combined ratio by 1 to 2 percentage points, according to Moody’s. 31 January 2018
Insurance
Liverpool Victoria (LV=) General Insurance (GI), the UK’s third largest car insurer has appointed Kieran O’Keeffe as chief risk officer with immediate effect. 23 March 2018
Insurance
Bermuda-based Monument Re has acquired the full ownership of Aspecta Assurance International Luxembourg, a life insurance undertaking based in Luxembourg with branches in Germany, Italy and Spain, according to a Jan. 30 press release. 31 January 2018
Insurance
Bermuda-based Enstar Group, through its Lloyd’s managing agency StarStone Underwriting, has finalised a reinsurance-to-close transaction with AXIS Managing Agency for Novae's £840 million legacy business portfolio, according to a Jan. 29 press release. 29 January 2018
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