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Insurance
Fitch Ratings has revised its outlook on Lloyd's of London's and Lloyd's Insurance Company (China) to negative from stable because of concerns over the deterioration in underwriting performance, coupled with increasing exposure to catastrophe risk in against the backdrop of a soft market. 29 June 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany's Allianz, is expanding its presence across Asia with a new branch office in South Korea to serve global corporate clients. 29 June 2017
News
Bermuda-based PartnerRe has announced that its CEO of property and casualty Tad Walker, and chief risk and actuarial officer Marvin Pestcoe are set to retire from the company at the end of first quarter 2018. 29 June 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region. 29 June 2017
Insurance
Specialist re/insurer MS Amlin said on June 28 that it will re-domicile its European business, Amlin Insurance Societas Europaea (AISE), to Brussels, in response to Brexit. 28 June 2017
Insurance
Businesses could face a much higher bill than they expect or are prepared for after falling victim to a cyber-attack, according to new research from Lloyd’s, released just after the latest Petya cyber-attack. 28 June 2017
Insurance
The loss estimate for tropical cyclone Debbie has increased to AUD1,41 billion ($1.07 billion), according to data provider Perils. 28 June 2017
Insurance
Specialist insurer Hiscox has appointed Josh Nevin as chief operating officer (COO) for its US business unit. 28 June 2017
Insurance
Specialty re/insurer Sompo Canopius has appointed Tim Watson as credit and political risk underwriter. 28 June 2017
Insurance
US-based commercial insurance provider CNA has appointed Gregg Fergot as vice president, underwriting, leading the company's technology segment and implementing its strategic and operational objectives. 28 June 2017
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