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Insurance
RT Specialty, a wholesale brokerage unit of Ryan Specialty Group, has appointed Jason Witthun and Marie-Louise Lundqvist to lead its new Honolulu, Hawaii office. 18 July 2017
News
The major reinsurers of Europe have strong levels of solvency – or coverage – in terms of their capital adequacy under Solvency II, according to Fitch Ratings. 12 May 2016
Insurance
An extremely active period for severe weather hit the US in March resulting in aggregated cost to the insurance industry exceeding $2.0 billion, according to the latest edition of Aon Benfield’s monthly Global Catastrophe Recap report. 7 April 2017
Insurance
The global property/casualty (P&C) insurance market will see further premium growth in 2018 supported by continued economic expansion while robust capitalization offsets profitability pressure from still-low interest rates and rising claims inflation, according to Moody's. 15 December 2017
Insurance
Netherland-based insurance group Aegon has elected William Connelly as the next chairman of its supervisory board as Robert Routs decided to step down at the next annual general meeting of shareholders (AGM) in May 2018. 15 December 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Denise Kaloudis as senior vice president. 23 May 2017
Insurance
Bermuda-based AXIS Capital Holdings said on Oct. 25 that the company made a net loss attributable to common shareholders of $468 million in the third quarter of 2017. 26 October 2017
Insurance
Reinsurance technology, dubbed reinsurtech, such as blockchain has the capacity to significantly change how the traditional reinsurance market operates. 23 October 2017
Insurance
Despite the fact that scenarios similar to hurricanes Irma and Harvey had been included in underlying models, prices have not reflected the risk—and this must now change, Umberto Gavazzi, SCOR’s chief underwriting officer, treaty P&C, told Monte Carlo Today. 13 September 2017
Insurance
Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has opened an office in Frankfurt, Germany, through Ironshore Agency in a move to expand its European presence. 7 July 2017
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