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Insurance
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed James Grayer as executive vice president of representations and warranty (R&W) insurance, based in New York. 18 April 2017
News
Kaj Ahlmann, the managing director and global head of insurance strategy at Deutsche Asset Management and formerly the chief executive of Employers Re, part of GE, will retire from his current role at the end of the year – to focus on making and selling wine. 16 December 2016
Insurance
Worldwide economic and insured losses during the month of June were once again largely driven by several major severe weather outbreaks in the US, according to the latest Global Catastrophe Recap report by Impact Forecasting, Aon Benfield’s catastrophe model development team. 7 July 2017
Insurance
Former AIG boss Maurice “Hank” Greenberg, along with former chief financial officer Howard Smith, have agreed to settle a 12-year old $9 million securities fraud case. 13 February 2017
Insurance
American International Group (AIG) has appointed Peter Zaffino as executive vice president, global chief operating officer. 6 July 2017
Insurance
Swiss Re reported a net loss of $468 million for the first nine months of 2017 after a net income of $3.0 billion in the same period of 2016, reflecting the $3.6 billion expected insurance claims from hurricanes Harvey, Irma, Maria, and the Mexico earthquakes. 2 November 2017
Insurance
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016. 15 December 2017
Insurance
Specialist insurer Markel Canada has acquired the entire business of managing general agent (MGA) Allsport Insurance Marketing after recently buying the remaining 50 percent that it did not already own. 7 April 2017
Insurance
Terrorism cover has changed rapidly in recent years. The nature of attacks has altered and buyers have been incorporating terrorism cover into whole account reinsurance. Here, Jessica Johnson of Barbican Insurance Group discusses trends in the market. 24 October 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual global study designed to illustrate reinsurers’ competitive positioning and value proposition in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Europe, the Middle East and Africa were surveyed. 24 October 2017
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