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Chubb estimates Q3 cat losses at $450m pre-tax
Insurance
Chubb has estimated the net losses in the third quarter of 2018 attributable to natural catastrophes globally at $450 million pre-tax, or $372 million after tax.   10 October 2018
News
As Hiscox moves its reinsurance operations under a single banner – Hiscox Re – the company continues to realise the value of both a Bermuda and Lloyd’s platform, its CEO says.   10 September 2013
AXA LM builds run-off position with Munich Re Malaysia deal
Insurance
AXA Liabilities Managers (AXA LM), the non-life re/insurance legacy firm, has acquired the non-life legacy portfolio of Munich Re Malaysia. The portfolio transfer will become effective on October 1, 2019.   19 September 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its leadership team in France with the appointment of Katell Pouliquen as head of claims, Louis du Ché as head of property, and Ludovic Ruiller as head of environmental.   19 September 2019
Insurance
Broker Willis Towers Watson has launched a "action plan" specifically to deal with disruption caused by drones as the incidents have increased sharply in the last two-three years, raising concerns for the aviation insurance industry.   2 August 2019
Insurance
AM Best has raised the net environmental losses for the US property/casualty (P&C) industry by $4 billion to an estimated $46 billion, taking industry losses for asbestos and environmental (A&E) to $146 billion.   29 November 2018
Insurance
Insurer Chubb has appointed Richard Porter as senior vice president, head of financial lines for Chubb Bermuda.   27 March 2019
Insurance
After several years of rapid growth in terms of its headcount and product offering, Everest Insurance North America, the specialty insurance operation of the Everest Re Group, has entered a period of fine-tuning the business and executing as the rewards of the expansion start to filter through, Mike Mulray, chief underwriting officer of the business, told PCI Today.   30 October 2018
Insurance
ANV Group has appointed Bruce Whitmee as Active Underwriter for the company’s Lloyd’s Syndicate 5820, which covers consumer products, US property & casualty and political & credit risks.   15 May 2015
Insurance
For an underinsured country with a large population and GDP, the next five to 10 years will be a golden period for the Chinese insurance industry, Jianzhong Pan, chairman & CEO of China Zenith Insurance, told SIRC Today.   29 October 2018

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