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Insurance
German insurer Allianz has elected former CEO Michael Diekmann to become the firm’s chairman, replacing Helmut Perlet. 5 May 2017
News
Bermuda-based property/casualty reinsurer Third Point Re has reported a profit in the first quarter of 2017 after a loss in the same period a year ago due to significant improvements in investment returns. 5 May 2017
Insurance
The Insurance Council of Australia (ICA) has appointed Chris Mackinnon, Lloyd’s Australia’s general representative in Australia and Rajbir Nanra, CEO general insurance of Zurich Financial Services Australia, to its board of directors. 5 May 2017
Insurance
US-based Ryan Specialty Group (RSG) has appointed Kathy Burns as senior vice president, chief digital officer, based in Chicago. 5 May 2017
Insurance
Allianz Australia has appointed Richard Feledy as its new CEO, effective January 1, 2018. 5 May 2017
Insurance
Ratings agency AM Best has placed OneBeacon Insurance Group and its subsidiaries "under review with positive implications" following its acquisition by Intact Financial Corporation. 5 May 2017
Insurance
Industrial lines insurer HDI Global, a subsidiary of Hannover Re-owner Talanx, is strengthening its UK and Ireland client offering by creating a new leadership role within its claims department. 5 May 2017
Insurance
Bermuda-based Assured Guaranty’s recorded a substantial improvement in net profit in the first quarter due to fair value gains on credit derivatives and the acquisition of MBIA UK Insurance. 5 May 2017
Insurance
Florida-based homeowners’ insurer HCI reduced reinsurance purchases in the first quarter of 2017, boosting profits while price increases caused premium drop. 5 May 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group reported a jump in its first quarter 2017 catastrophe losses impacting results. 4 May 2017
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