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Insurance
Brit Global Specialty USA (BGSU), a subsidiary of Brit, has appointed Will Frohne as vice president (VP), cargo, and Craig McGinnes as VP, yacht, as part an expansion of its marine business. 4 October 2016
Insurance
Tokio Marine Holdings and Intact Financial are leading a $90 million investment in San Francisco-based startup MetroMile, according to a July 23 Bloomberg News report. 24 July 2018
Insurance
The Travelers Companies' profits fell in the first quarter of 2017, which the company blamed on a $62 million pre-tax impact from the UK’s Ogden rate adjustment, a lower underlying underwriting gain and higher catastrophe losses. 20 April 2017
Insurance
US-based commercial insurance provider CNA has appointed Robert Thomas to fill the newly-created position of senior vice president, claim analytics, finance and operations within the company's worldwide property and casualty (P&C) claims unit. 13 July 2017
News
The financial strength ratings of Africa Re have been placed under review with negative implications by AM Best, which has cited concerns over the permanence of its capital structure. 13 July 2017
Insurance
Munich Re and Swiss Re may face the biggest losses from Harvey among the companies covered by Bernstein analysts, according to an Aug. 30 report. 30 August 2017
Insurance
Specialty insurance company ProAssurance Corporation has unveiled leadership changes following the retirement of Howard Friedman, president of healthcare professional liability. 22 February 2019
Insurance
QBE Insurance Australia has entered into a strategic partnership with Risk Management Institution of Australasia (RMIA). 30 June 2017
Insurance
Existing EU insurance policies should stay in place after Britain leaves the bloc because the process of dividing them into British and EU contracts would be too complex, Lloyd's CEO Inga Beale told Reuters in a June 26 interview. 27 June 2017
Alternative Risk Transfer
The UK’s economic secretary to the Treasury, Simon Barclay said that the regulation to introduce insurance linked securities (ILS) in the UK will be laid in Parliament before the summer recess and may be in force in autumn. 27 June 2017
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