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Insurance

AEGIS London appoints hull book leader from Hiscox

AEGIS London, the UK-based subsidiary of AEGIS, has appointed Jonathan Humm as its new class underwriter for marine hull. He joins from Hiscox where he was deputy hull underwriter.   22 May 2018

Insurance

S&P warns on reinsurers’ increasing earnings volatility due to nat cats

Global reinsurers' earning volatility will intensify if annual natural catastrophe claims keep moving toward levels that are closer to the long-term average, S&P Global Ratings said on Aug. 14.   15 August 2017

Insurance

S&P upgrades Berkshire insurance units outlook

S&P Global Ratings has changed the outlook to stable from negative for Berkshire Hathaway's (BRK's) operating insurance subsidiaries, National Indemnity, Government Employees Insurance, General Reinsurance, and other related insurance subsidiaries due to a more robust capital base.   27 September 2018

Insurance

P&C industry’s reserve position strengthened in 2017: Conning

The overall property and casualty industry’s loss reserve position appears to be sufficient, after again strengthening in 2017.   15 June 2018

Insurance

Sompo expects to double profit in 2018

Sompo Holdings expects consolidated ordinary profit to double in the full year 2018 (ending March 31, 2019) based on the impact of hurricanes in North America and large losses.   18 May 2018

Insurance

AXIS outlook revised to negative due to insurance operations

AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release.   19 February 2018

Insurance

Liberty Specialty launches fine art unit in France with Hiscox hire

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has begun underwriting fine art and specie in France with the appointment of Stéphanie de Montricher as senior underwriter.   19 March 2018

Insurance

Zurich acquires insurtech CoverWallet stake to fuel international growth

Zurich Insurance Group has acquired a minority stake in insurtech start-up CoverWallet. The investment follows a commercial partnership in Europe announced in February.   8 June 2018

Insurance

Brit appoints head of UK property from Marsh

Specialty re/insurer Brit has appointed Marsh executive Neil Walker as head of UK property.   16 March 2018

Insurance

Everest poaches AXIS Capital exec as new Canada insurance CEO

Bermuda-based Everest Re Group has appointed Darin Scanzano as the new CEO of Everest Insurance Company of Canada.   7 June 2018

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