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Insurance
Property/casualty insurer Chubb has named Ross Bertossi as vice president of global underwriting, succeeding Jacques Bonneau who is set to retire from the company at the end of 2017. 13 July 2017
Insurance
Aon Risk Solutions, the global risk management business of Aon , has appointed James Trainor as senior vice president of its cyber solutions group. 25 October 2016
Insurance
Pioneer Underwriters said on Oct. 12 that it is introducing higher primary general liability (GL) policy limit options for specialty contractors. 12 October 2017
Insurance
HDI Global, the industrial lines insurer within the Talanx Group, has launched its excess and surplus (E&S) lines subsidiary to further expand its portfolio. 18 August 2017
Insurance
Italy’s Generali is selling a non-life run-off portfolio of its UK branch to Compre Group, a discontinued business specialists in the insurance industry. 19 December 2017
Insurance
The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO). 23 October 2019
Insurance
Florida-based P&C insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (“R&Q”), said on Oct. 30 that it has partnered with Atlas General Insurance Services (“Atlas”). 30 October 2017
Alternative Risk Transfer
There has been a ‘double flight to quality’ by investors in insurance-linked securities (ILS) funds as a reaction to the losses of 2017 and specifically the inability of some ILS funds to get a handle on the extent of their exposure to the losses, Jutta Kath, chief operating officer, Secquaero Advisors, told PCI Today. 30 October 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
The market remains tough for reinsurers, with rate increases well below what was forecast 12 months ago as an abundance of capacity maintains pressure on the market, Paul Ludwig, senior vice president and client executive of the reinsurance division of Munich Re America, told PCI Today. 30 October 2018
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