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HIM fails to deliver what reinsurers hoped for
News
Record losses from the 2017 hurricane season have failed to trigger the rate increases the industry had hoped, with many experts and reports based on analysis of the recent renewals now suggesting that low rates may be here to stay.   29 January 2018
Insurance
Marsh & McLennan Companies has appointment John Doyle as new chief executive officer of Marsh, succeeding Peter Zaffino who has joined AIG as global chief operating officer.   6 July 2017
News
Munich Re US Life has promoted Michael Taht to executive vice president of research, analytics and underwriting, and Marc-André Giguère to executive vice president, reinsurance.   6 July 2017
Insurance
US insurers will need to be nimble if they are to maximise the potential benefits – and overcome potential pitfalls – stemming from US tax reforms, according to S&P Global Ratings, in a new report called ‘US Tax Reform: A Mixed Bag Of Goods For Life, Health, and P/C Re/Insurers.’   2 January 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has teamed up with Managing General Agents’ Association (MGAA) to support the UK’s delegated underwriting network.   10 May 2017
Insurance
London-based Barbican Insurance Group has appointed Jacqueline Wiffen as a class underwriter for upstream energy. She will report to Olivier Decombes, divisional head of energy, power and utilities.   10 May 2017
Insurance
US-based Prudential Retirement, a unit of Prudential Financial, has appointed Phil Waldeck as its new president and chief executive officer (CEO), with effect from June 5.   10 May 2017
Insurance
Specialist Latin American insurer Unnio Seguros Generales has completed its purchase of QBE's Latin American subsidiary, QBE Chile Seguros Generales.   29 June 2017
Insurance
US specialty property/casualty insurance provider AmTrust Financial Services has seen its net profit plummet in the first quarter of 2017 due to natural catastrophes and prior year adverse development.   9 May 2017
Insurance
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

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