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Insurance
Positive reserve development helps RSA absorb £40m Ogden hit
UK insurer RSA incurred a net charge of around £40 million in the UK relating to the change in Ogden discount rate but was able to more than offset it through positive reserve development elsewhere in the group, the company said in its 2017 Q1 trading update.   4 May 2017
Insurance
CNA Q1 results jump on underwriting gains and investment returns
Chicago-based commercial and property/casualty (P/C) insurer CNA Financial Corporation boosted results in the first quarter of 2017 pushed by the P/C unit and driven by investment returns and lower underwriting expenses.   2 May 2017
Insurance
ACR Capital sale receives Chinese regulatory approval
ACR Capital Holdings has received regulatory approval by the National Development and Reform Commission of the People’s Republic of China for its sale to Shenzhen Qianhai Financial Holdings (QFH) and Shenzhen Investment Holdings (SIHC).   2 May 2017
Insurance
Validus completes $127.5m crop insurance deal
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business.   2 May 2017
Insurance
Dual appoints senior Latin America exec
Dual, the underwriting arm of the Hyperion Insurance Group, has appointed Amanda Hayes as managing director of Latin America and Caribbean business development.   23 July 2015
Insurance
Willis Towers Watson bolsters insurance risk unit with new hire
Broker Willis Towers Watson has appointed Gavin Hill as senior consultant to its insurance risk consulting and software (RCS) business.   19 June 2017
Insurance
Zurich private clients head joins Munich Re-backed MGA UK General
Former Zurich executive Matthew Schofield has joined the senior management team of UK General Insurance as chief commercial officer, reporting to CEO Karen Beales.   19 June 2017
Alternative Risk Transfer
RMS launches new office in Sydney, Australia
Risk modelling firm RMS has opened a new office in Sydney, Australia. The company said the move is part of its drive to support clients’ expansion in the Australian and New Zealand markets.   31 October 2017
Insurance
The Insurance Institute of London names Swiss Re head as president
The Insurance Institute of London (IIL) has appointed Russell Higginbotham, the global head of life and health products for Swiss Re, as president.   27 September 2016
Insurance
Bluefin names four branch directors in the UK
Bluefin, a specialist broker, has appointed four branch directors in its Penrith, Newcastle, Leeds and Ludlow offices.   26 July 2016

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