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Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Thierry Portevin as global head of property and Chris van Gend as global head of engineering, both effective October 2016, and Tina Baacke as global head of Allianz Risk Consulting, effective January 1 2017. 10 August 2016
Insurance
Generali Deutschland, a German primary insurer part of Generali Group, is in the process of restructuring its business by consolidating 10 of its product groups into one and by putting its life business Generali Leben into run-off. 28 September 2017
Insurance
The number of companies writing flood insurance in Florida has doubled from 10 to 20 firms in the past year, mainly thanks to the use of new technology to better predict and price flood risk, according to a report by Lisa Miller & Associates. 20 July 2017
Insurance
Global economic losses from natural disasters for 1H 2017 were estimated at $53 billion – 56 percent lower than the 10-year average of $122 billion and 39 percent lower than the 17-year average of $87 billion, according to Aon catastrophe report. 20 July 2017
Insurance
Specialty re/insurer Sompo International has launched a new middle market property insurance unit in the US, and appointed Patrick Mulhall to build and lead the new team. 23 May 2017
Insurance
Profits at Global Indemnity, which writes commercial and personal lines property/casualty business in the US and reinsurance through a Bermuda subsidiary, increased in 2016 as the company also enjoyed strong growth in its reinsurance book. 3 March 2017
Insurance
Bermuda-based White Mountains Insurance Group has elected Manning Rountree as chief executive officer (CEO) with immediate effect, succeeding Ray Barrette, who is retiring from the company. 3 March 2017
Insurance
European run-off insurance company DARAG has announced that group CEO Arndt Gossmann, who has headed up the business for eight years, has stepped down with immediate effect. 3 March 2017
Insurance
Some 11 bidders have thrown their hats in the ring to acquire the portfolio of Schwarzmeer und Ostsee Versicherungs AG (SOVAG), the Germany-based insurer, which is being restructured by Arndt Gossmann, the company’s chief executive since May this year. 11 September 2017
Insurance
The reinsurance sector is in the challenging later stages of a soft market, meaning conditions remain ripe for mergers and acquisitions (M&A), Robert DeRose, senior director of reinsurance at AM Best, told Monte Carlo Today. 11 September 2017
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