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Tom Milligan, co-chief executive officer (CEO) of Ariel, a subsidiary of Global Atlantic Financial, will retire upon the closing of the planned sale of Ariel Re companies to Banco BTG Pactual. 27 August 2014
Insurance
Insurer RSA will continue on with its disposal strategy as it focuses on four key areas – the UK& Ireland, Scandinavia, Canada and Latin America – while putting all other regions under review. 27 August 2014
Insurance
German insurer Allianz saw total revenues in Latin America fall to 22 percent in the first half of 2014 as it was hit by unfavourable foreign exchange movements and volume reductions in property/casualty business, mainly in Brazil. 27 August 2014
article
Allianz Global Corporate & Specialty Resseguros Brazil (AGCS Re Brazil) has expanded its South American business by providing reinsurance solutions in Peru. 26 August 2014
Insurance
The producer of a planned Gregg Allman biopic film has filed a lawsuit with Los Angeles Superior Court accusing New York Marine and General Insurance of allegedly refusing to pay more than $1.6 million in losses stemming from a deadly on-set accident. 18 August 2014
Insurance
Bermuda-based Endurance Specialty has appointed Jeremy Isaacs as senior vice president in its commercial directors & officers (D&O) unit in London. 12 August 2014
Insurance
US broker Integro has acquired Stonehouse Conseillers, a London-based broker specialising in commercial film production companies and international advertising agencies. 8 August 2014
Insurance
The asset management arm of insurer Allianz has seen a 16 percent fall in profit for the second quarter of 2014. 8 August 2014
News
A strong set of results in the second quarter driven by its property/casualty unit helped Swiss Re to an impressive overall performance in the first half of 2014, despite what its chief executive described as a demanding time for the reinsurance industry. 6 August 2014
Insurance
The majority of the loss stemming from the crash of Malaysia Airlines flight MH-17 will be absorbed by the Lloyd’s market as well as some global re/insurers, according to AM Best. 25 July 2014
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