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‘The business does not have the right scale to thrive in the current market environment.’ 8 November 2019
Insurance
ProAssurance’s consolidated combined ratio for Q3 is 103.6 percent, a two-percentage point increase quarter-over-quarter. The company said this was primarily due to changes in the mix of premiums earned and a lower amount of prior accident year favourable development due to its perception of loss trends in the healthcare professional liability market. 7 November 2019
Insurance
Both hires 'have made a significant impact in the insurance market, in London and internationally’. 6 November 2019
Insurance
Appointee will improve speed using the Lloyd’s framework for third-party oversight 6 November 2019
Insurance
Primary focus of Europe’s largest non-life insurers is their local markets. 6 November 2019
Insurance
Niche construction and engineering MGA Ensurance has increased its underwriting team with the recruitment of Brad Green as senior underwriter and Courtney Varney as underwriting assistant. 5 November 2019
Insurance
Reinsurer Swiss Re has appointed Claudia Cordioli to the role of CFO Reinsurance. 5 November 2019
Insurance
Atradius N.V has appointed David Capdevila as its new CEO, to take effect from January 1, 2020. 5 November 2019
Insurance
AXA XL has strengthened its UK Life, Accident & Health team with key hires and promotions. 5 November 2019
Insurance
Oxbridge Re has reported a net loss in its third quarter 2019 results, although Jay Madhu, president and chief executive officer, praised the reinsurer’s “conservative risk management underwriting focus” for helping the company “remain unaffected by the devastation” caused by Hurricane Dorian, Typhoon Hagibis and the recent California wildfires. 5 November 2019
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