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Insurance
AmTrust Q1 profit hit by cat losses, adverse reserve development
US specialty property/casualty insurance provider AmTrust Financial Services has seen its net profit plummet in the first quarter of 2017 due to natural catastrophes and prior year adverse development.   9 May 2017
Insurance
China deregulation will see increased interest from foreign investors
China's decision to ease restrictions on foreign ownership of financial institutions will likely pave the way for foreign insurers, fund managers and securities to invest in or compete with China's firms.   16 November 2017
Insurance
NFIP overhaul needs to include new risk maps, increased coverage and higher rates
The US National Flood Insurance Program (NFIP) is in need of a significant overhaul which should include an expanded coverage, updated flood maps and higher rates, according to experts speaking to Intelligent Insurer.   29 September 2017
Insurance
Chubb reveals new CEO and chairman of Pakistan operation
Chubb Insurance has revealed several key changes to its leadership team in Pakistan, following the retirement of CEO and chairman Zehra Naqvi.   27 September 2017
Insurance
Charles Taylor appoints new director for strategy role in US
Insurance claims administrator Charles Taylor Third Party Administration (CTTPA) has appointed Dina Gumins to the newly-created role of director of strategy and performance.   16 August 2017
Insurance
Alesco poaches Willis broker to chair construction unit
Specialist broker Alesco Risk Management Services has hired Willis' Martin Hiller as chairman of its UK construction team.   23 April 2018
Insurance
New MGA Volante Global to launch in Q1 ‘18
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, is set to launch and commence trading during the first quarter 2018.   20 December 2017
Insurance
Swiss Re sets up Asia hub, appoints external directors
Swiss Re has further strengthened its presence in Asia with the launch of its regional headquarters Swiss Re Asia in Singapore, and appointed a new regional board of directors for the entity.   31 January 2018
Insurance
Castel Specialty launches Castel Transact in expansion move
Castel Specialty, a division of MGA formation platform Castel Underwriting Agencies Limited, has launched Castel Transact (Transact), offering warranty and indemnity insurance cover for Benelux merger and acquisition (M&A) transactions, and tax risk insurance for tax liabilities in Europe.   20 September 2017
Insurance
M7.1 earthquake hits Mexico, insured cost from previous one at up to $1.12bn
A major magnitude-7.1 earthquake struck Mexico on Tuesday, September 19, shortly after the M8.1 earthquake hit the Mexican state of Chiapas on September 7.   20 September 2017

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