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Insurance
Blenheim, managed by Asta, has appointed John Cutts to develop a specialty reinsurance division within its Syndicate 5886 at Lloyd's. 7 August 2017
News
US-based Mutual Reinsurance Bureau (MRB) has launched the search for a successor to its current CEO Timothy Dorr, who has announced his plans to retire from the Illinois-based joint reinsurance association. 7 August 2017
Insurance
Florida-based Orchid Underwriters Agency, a specialty underwriter of catastrophic coastal insurance, has hired Andrew Cyran as chief underwriting officer, a new position within the organisation. 18 December 2017
Insurance
Property/casualty (P&C) CEO bonus payments increased to 393 percent of salary in 2017 from 225 percent of salary in 2016, according to a study by consulting firm Compensation Advisory Partners (CAP). 20 June 2018
Insurance
Hannover Re results for the second quarter and first half of 2019 show reinsurer is “well on track” to hit group net income targets of €1.1 billion for the full year, said chief executive Jean-Jacques Henchoz. 8 August 2019
Insurance
Root Insurance, a car insurance company that operates entirely via mobile technology, has added availability in four new states in the US. 24 January 2018
Insurance
The Federal Emergency Management Agency (FEMA) warned over the consequences if the US congress fails to reauthorise the National Flood Insurance Program (NFIP) that will expire on July 31, 2018. 23 July 2018
Insurance
Lloyd’s of London has signed its first Artificial Intelligence (AI) deal to automate business processes in the market. 9 October 2017
Insurance
Lloyd’s underwriting syndicate Probitas 1492 said on Oct. 9 that it completed a transaction with Saudi Re which removes all of Istmo Re group’s interest in Probitas. 9 October 2017
News
The current soft property/casualty (P&C) reinsurance market is unlikely to harden in 2018 despite recent nat cat events, according to research firm CreditSights analysts. 6 October 2017
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