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Insurance
Hurricane Irma, which hit Florida over the past weekend and is expected to result in $16-26 billion of reinsured losses, will trigger rate increases of 4-5 percent for US nat cat reinsurance cover, according to Sept. 14 research by asset manager AllianceBernstein. 14 September 2017
Insurance
Insurer Chubb has promoted Tara Parchment to head its European personal risk services division, based in London. 14 September 2017
Insurance
Motor insurer Admiral included inaccurate premium amounts in renewal documents issued to some customers, breaching new Financial Conduct Authority (FCA) rules. 16 June 2017
Insurance
Sompo International's US insurance platform has reached an agreement to purchase the operating subsidiaries of Lexon Surety Group. 4 January 2018
Insurance
AM Best is revising its outlook on the commercial lines segment of the US property/casualty industry to stable from negative for 2018, citing an embedded change in the sophistication of the segment’s pricing and underwriting infrastructure and the segment’s resilience amid a variety of macroeconomic and insurance market issues in recent years. 4 January 2018
Insurance
Demand for general insurance in the UK is set to weaken as household disposable income declines, according to the latest EY ITEM Club outlook for financial services. 11 August 2017
Insurance
Life and general insurance provider Legal & General (L&G) has appointed Carol Hughes to the role of head of regional broker within its general insurance division. 9 May 2017
Insurance
Broker Willis Towers Watson has appointed Matt Houghton as senior consultant of strategy in its insurance consulting and software business in Asia Pacific. 9 May 2017
Insurance
Allianz Life Insurance Company of North America has hired Tobias Fritsch as chief operating officer for its investment management division. 9 May 2017
Insurance
Specialist insurer Beazley has appointed Najib Bousakr to spearhead the growth of its specialty lines business in Latin America. 17 March 2017
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