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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
Specialist Lloyd's insurer Neon has expanded its underwriting management team with the appointment of Annabel Fell-Clark and the promotion of Andrew Dougall. 27 June 2017
Insurance
Re/insurer XL Catlin has entered into an exclusive underwriting agreement with the McGowan Companies to provide workplace violence insurance to US businesses. 27 June 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty. 26 May 2017
Insurance
Hurricane Irma, which hit Florida over the past weekend and is expected to result in $16-26 billion of reinsured losses, will trigger rate increases of 4-5 percent for US nat cat reinsurance cover, according to Sept. 14 research by asset manager AllianceBernstein. 14 September 2017
Insurance
Insurer Chubb has promoted Tara Parchment to head its European personal risk services division, based in London. 14 September 2017
News
French reinsurer SCOR wants to grow its property/casualty portfolio in the US, particularly casualty business. But, stung by the mistakes of the past, it is proceeding with caution, Victor Peignet, CEO of SCOR Global P&C, told Intelligent Insurer. 19 February 2018
Insurance
Motor insurer Admiral included inaccurate premium amounts in renewal documents issued to some customers, breaching new Financial Conduct Authority (FCA) rules. 16 June 2017
Insurance
Demand for general insurance in the UK is set to weaken as household disposable income declines, according to the latest EY ITEM Club outlook for financial services. 11 August 2017
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