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Insurance
Munich Re expects its profit in the first quarter of 2018 to exceed €800 million due to “randomly low incidence” in major losses, up from €557 million in the same period a year ago. 24 April 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, is launching a platform for transacting specialised trade credit insurance for banks, corporates and commodity traders, according to a Feb. 12 press release. 13 February 2018
Insurance
Qatar Re, a subsidiary of Qatar Insurance Company, has promoted Luke Roden and Michael van der Straaten to the position of chief underwriting officer (CUO), following the departure of Alastair Speare-Cole. 16 February 2017
Insurance
Swiss Re is one of the main insurers for the Rome-based company Autostrade per l’Italia that operated the stretch of highway where the Morandi Bridge in Genoa collapsed, according to an Aug. 17 Reuters report. 20 August 2018
Insurance
SART Underwriting, a Lloyd's coverholder based in Hong Kong, has appointed Jude Yeung as marine underwriting manager and Larry Kwok as chief operating and compliance officer. 29 July 2014
Insurance
Specialist re/insurance broker BMS Group has hired Duncan Hayward as a director in its energy division. 12 November 2018
Insurance
Broker Aon has hired a PwC executive to expand its merger and acquisitions (M&A) and transaction solutions capability for infrastructure. 17 September 2018
Insurance
Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis. 5 February 2018
Insurance
The growing number of managing general agents (MGAs) in the UK insurance market is being driven by the continuing wave of insurer consolidation and entrepreneurial spirit of some underwriters wanting to start up their own businesses, according to The Managing General Agents’ Association’s (MGAA) Chairman, Charles Manchester. 12 July 2018
Insurance
Sanctions is a word sometimes thrown about by politicians, but it’s an issue that insurers need to be aware of due to their wide-ranging impact. Intelligent Insurer investigates. 6 June 2016
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