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Insurance
The Travelers Companies has seen its net income plummet in the third quarter of 2017 compared to the same period a year ago due to the impact of nat cat losses in North America. 19 October 2017
Insurance
German insurer Allianz has reached an agreement to sell part of its traditional life insurance portfolio in Taiwan to China Life Insurance. 19 October 2017
Insurance
Multi-line insurer Zurich Insurance group said on Oct. 19 that it expects aggregate claims in the third quarter of 2017 related to hurricanes Harvey, Irma and Maria, for the group’s property & casualty business, to be approximately $700 million net of reinsurance and before tax. 19 October 2017
Insurance
ARAG Legal Services (UK) is offering personal lines clients insurance to help limit the reputational damage caused by adverse publicity. 19 October 2017
Insurance
Insurer Chubb has expanded its life science team in the UK and Ireland to further build its specialty casualty insurance capabilities for middle-market and multinational businesses across the region. 4 May 2017
Insurance
Lloyd’s specialist insurer Beazley has introduced a product seeking to quote any US management, professional, cyber and healthcare liability risks that can be legally underwritten, provided that no other London insurer offers terms. 4 April 2017
Insurance
While most classes of reinsurance and specialty lines have seen a moderation or end to price reductions, there is not a consistent pattern, with increases generally limited to areas and sectors where heavy losses had occurred last year, broker JLT said in a May 1 trading statement. 1 May 2018
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner. 19 October 2018
Insurance
Specialist insurer Beazley has appointed Nicholas Tey as financial lines regional manager for Asia. 25 July 2017
Insurance
XL Group has strengthened its marine team with the appointment of Bert Nelen as chief underwriting officer, Europe and Rod O’Malley as senior class underwriter, Cargo. 12 March 2014
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