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Insurance
Ratings agency S&P Global Ratings has downgraded Dutch insurer NN Group due to the financial resources used to acquire its competitor Delta Lloyd which are reducing its capital buffers. 11 May 2017
Insurance
Specialist insurer Markel International has appointed Amer Ibrahim as marine underwriter in Dubai to extend the range of its business in the MENA region. 10 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has teamed up with Managing General Agents’ Association (MGAA) to support the UK’s delegated underwriting network. 10 May 2017
Insurance
Novae Group enjoyed substantial growth driven largely by US excess and surplus lines in the first quarter of 2017 despite exiting a number of casualty lines of business where it has deemed rates unsustainable. But it also warned that these would still hit its profitability this year. 10 May 2017
Insurance
Lloyd's broker Bishopsgate, the London market business of Towergate Insurance, has appointed Robin Todd and Darren Conlon as energy directors. 10 May 2017
Insurance
Specialist Lloyd's insurer Neon has completed its claims team with the appointment of Gavin Coley as technical head of claims, and James Sterling as claims manager for professional indemnity and financial lines. 10 May 2017
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market. 9 May 2017
Insurance
Specialist insurer Hiscox plans to establish a European subsidiary in Luxembourg in response to the UK's exit from the European Union. 9 May 2017
Insurance
JLT Specialty USA, a US subsidiary of Jardine Lloyd Thompson Group, has expanded its environmental team with the appointment of Grant Nichols as senior vice president, based in Philadelphia. 8 May 2017
Insurance
A $9.8 billion reinsurance deal with AIG and the UK’s Ogden discount rate change weighed on Berkshire Hathaway’s first quarter results. 8 May 2017
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