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Insurance
The private US property/casualty insurance industry saw its net income after taxes drop 42.2 percent year-on-year to $7.7 billion in the first-quarter of 2017, according to ISO, a Verisk Analytics business. 26 June 2017
Insurance
Bermuda-based AXIS Insurance, a part of AXIS Capital Holdings, has appointed Marc Nance to executive vice president, excess and surplus property. He will be based in AXIS' Chicago office. 26 June 2017
Insurance
Ryan Specialty Group (RSG) has promoted Dawn D’Onofrio to chief executive officer and president of its managing general agency WKFC Underwriting Managers and CorRisk Solutions. 26 June 2017
Insurance
German mobile bank N26 said on June 26 that it is expanding its services and products to include insurance in its offering. 26 June 2017
Insurance
Telematics and wearables helping companies better predict claim probability, as well as the inclusion and growth of premium comparison sites, has driven a surge in insurtech adoption, according to a study by consulting and advisory firm EY. 26 June 2017
Insurance
Global reinsurers have written to the European Commission (EC) to ask it to ensure mutual access between British and European Union reinsurance markets after the UK leaves the bloc due to worries about market disruption, according to extracts from a letter seen by Reuters. 26 June 2017
Insurance
The trend towards globalisation, digitisation and intangible assets is changing the risk landscape at an unprecedented rate. Intelligent Insurer heard from executives at the Airmic Conference 2017 in Birmingham, UK, about the current opportunities and potential threats. 23 June 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) has reached an agreement with US medical professional liability insurer Coverys to sell the entire share capital of its Lloyd's managing agency for $22.6 million. 23 June 2017
News
Bermuda-based Everest Re Group has appointed Matthew Kelly as vice president and head of the reinsurance division's international casualty facultative unit, based in company's Miami office. 23 June 2017
Insurance
Following the major fire at Grenfell Tower in North Kensington, west London, casualty accumulations and casualty losses have come right into the focus of casualty re/insurers and the assessment shows that commercial clients are not buying enough liability limits. 23 June 2017
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