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Broker Lockton has launched a new investment banking and capital markets operation in New York and has appointed Vishal Jhaveri as its CEO. 5 September 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of US health insurer Cigna Corporation’s operating subsidiaries to 'A' (Strong) from 'A+'. 5 September 2018
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
After severe losses in 2017, predictions for the 2018 hurricane season suggest that this year’s hurricane activity will not be anywhere near as bad, according to a new Fitch Report. 4 June 2018
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has appointed Kenny Hogg as regional managing director (RMD) for Scotland. 18 August 2017
Insurance
Marine insurance provider Skuld has appointed Kristoffer Kohmann as the new head of its Oslo business unit Skuld Oslo 2. 30 June 2017
Insurance
The re/insurance industry will bear record catastrophe losses of $135 billion in 2017 following hurricanes Harvey, Irma and Maria as well as a severe earthquake in Mexico, according to Munich Re’s calculations. 4 January 2018
Insurance
US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings. 31 August 2018
Insurance
The Singapore Reinsurers’ Association (SRA) has appointed Validus Re’s executive vice president and CEO of Asia Pacific, Marc Haushofer, to become its chairman, effective January 2017. 6 December 2016
News
VIG Re wants to expand in continental Europe as well as Asia, according to Karl Fink, chairman of the supervisory board of VIG Re. 13 April 2018
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