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Insurance
The Hartford, a US-based property/casualty insurer, has entered into an agreement to transfer $1.6 billion, or 29 percent of its $5.6 billion in US qualified pension plan liabilities, to Prudential Financial. 27 June 2017
Insurance
California-based Community Association Underwriters of America (CAU), a managing general agency and division of Alliant Specialty Insurance Services, has formed a new partnership with Munich Reinsurance America through its specialty markets division. 27 June 2017
Insurance
The Latin American insurance sector shrank by 3.7 percent year-on-year in 2016 following the depreciation of most of the region’s currencies, according to the latest annual study on the Latin American insurance market. 27 June 2017
Insurance
Vienna Insurance Group (VIG) said on June 26 that chief financial officer (CFO) Martin Simhandl is resigning for personal reasons. 27 June 2017
Insurance
Apple is working with Cisco Systems to help businesses that primarily use gear from both companies to get a discount on cyber-security insurance premiums, Reuters reported on June 26. 27 June 2017
Insurance
Specialist commercial insurer CNA Hardy has appointed Alistair Marriott as head of cargo for its Lloyd's platforms. 27 June 2017
Insurance
Bermuda-based property/casualty re/insurer Sompo International has launched a new accident and health (A&H) insurance unit. 27 June 2017
Insurance
Bermuda-based Assured Guaranty has announced its plan to combine the portfolios and operations of its four international financial guaranty insurance companies. 27 June 2017
Insurance
Specialist Lloyd's insurer Neon has expanded its underwriting management team with the appointment of Annabel Fell-Clark and the promotion of Andrew Dougall. 27 June 2017
Insurance
The Reinsurance Association of America (RAA) is lobbying for a lower corporate tax rate in the US while ensuring that any changes to proration of tax exempt interest or discounting of loss reserves appropriately reflect the business of insurance, according to a June 26 press release. 27 June 2017
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