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Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
Re/insurance broker Aon plans to deploy a significant part of the proceeds from the $4.3 billion sale of its outsourcing platform to acquisitions, executives said during a Feb. 10 results presentation. 13 February 2017
Insurance
Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey. 13 February 2017
News
Swiss Re blamed high levels of insurance claims from natural catastrophe events and a challenging business environment for a big slump in its profits in the first quarter of 2017 as gross written premiums at the company also decreased. 4 May 2017
News
Swiss Re offered some interesting insights into its future strategic priorities in its results covering the first quarter of 2017 as it emphasised initiatives to close so-called protection gaps in society and opportunities in Asia. 4 May 2017
Insurance
Five years after its formation, Ryan Specialty Group started RSG Underwriting Managers Europe (RSGUM Europe) in London. Peter McKenna, managing director with oversight for RSGUM’s strategy in Europe describes to Intelligent Insurer the progress so far and his plans for the future. 20 April 2016
News
Bermuda-based Everest Re has appointed Gerri Losquadro to its board of directors. Losquadro recently retired as senior vice president and head of global business services at Marsh & McLennan Companies. 19 May 2014
Insurance
Allied World Assurance Company Holdings has appointed Lou Iglesias as president for Allied World North America. Iglesias is currently president, US property & casualty. He succeeds Gordon Knight who is retiring at the end of the month and who held the position since 2008. Iglesias has been part of the succession plan to follow Knight since joining the company in 2012. 17 January 2014
Insurance
Zurich Insurance Group has announced that its board of directors has proposed to its shareholders to elect Jeffrey Hayman and David Nish to the board for a term of office of one year each. 22 December 2015
Insurance
Vanbridge Holdings, a US-based insurance intermediary, has appointed four new members to its Board of Directors. 27 May 2016
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