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US-based CNA, a commercial insurance provider, has appointed Kevin Smith as president and chief operating officer (COO) for CNA Specialty. 10 May 2017
Insurance
PartnerRe has issued yet another statement purporting to correct what it calls misleading statements by Exor – this time relating to its potential ratings in the event of a sale to Exor and, specifically, the impact of such a transaction on its preferred shareholders. 25 June 2015
Insurance
French insurer AXA is acquiring Bermuda-based property/casualty commercial lines re/insurer XL Group for $15.3 billion (€12.4 billion) in cash. 5 March 2018
Insurance
From the impact of the UK Financial Conduct Authority business interruption test case, and other BI cases around the world, to the ongoing hardening market, 2020 is expected to leave quite a legacy for 2021. Industry leaders share their hopes, fears and warnings as we head towards the New Year. 23 December 2020
Insurance
AXIS Capital delivered a robust set of results in the second quarter with both profits and gross written premiums increasing as the company reaped the rewards of its integration of Novae, which it acquired in 2017, and positive reserve development. 26 July 2018
Insurance
Profits and gross written premiums dipped at Lancashire Holdings in the second quarter of 2018. But the company said it has taken advantage of rate increases and remained positive as its chief executive suggested more wind losses this year could begin to dampen appetites in the market, reducing capacity. 26 July 2018
Insurance
A new earthquake and tsunami model for Japan being developed by Impact Forecasting, the catastrophe modelling development centre of Aon Benfield, will differentiate itself from other models in the region in the way it tackles earthquake occurrence probability in the Nankai Trough, a submarine trough located south of the Nankaidō region of Japan’s island of Honshū. 31 October 2017
Insurance
The business model of hedge fund reinsurers is being put to a hard test in the current soft market while sophisticated clients challenge their business model. 25 October 2016
Insurance
Swiss Re CFO for reinsurance Gerhard Lohmann decried the onerous financial disclosure requirements in a co-authored article and proposed a solution set to save time and capabilities. 3 August 2017
Insurance
The German motor market requires some rate adjustments while overall primary players in the country may have significant cost-cutting potential, Frank Reichelt, market executive Germany & Nordics at Swiss Re, told Baden-Baden Today. 25 October 2017
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