Articles
Insurance
The US property/casualty industry’s net underwriting income improved in the first half of 2018 to $5.3 billion, compared with a $5.0 billion underwriting loss in the same prior-year period, according to data by AM Best. 24 August 2018
Insurance
Zurich Insurance Group has appointed Mark Peters as the new head of Oak Underwriting, a UK-based high net-worth insurance specialist, which it acquired from RSA Insurance. 3 July 2018
Insurance
Integro Insurance Brokers has hired Jacquelyn Neal as a principal in the marine practice, based in its San Francisco office. 15 February 2018
Insurance
Canada-based life insurer Sun Life Financial is in “a strong capital position” to pursue merger and acquisition (M&A) opportunities, CEO Dean Connor told AM Best. 3 July 2018
Insurance
MS Amlin has reported a net loss of ¥84.900 billion (£569 million) for the nine months ended Dec. 31, 2017 after a net profit of ¥18.60 billion in the same period of 2016. 14 February 2018
Insurance
Mutual marine liability insurer North P&I Club has appointed Andrew Hearne as deputy director of underwriting, based in its head office in Newcastle upon Tyne. He will initially work with North’s European team. 28 June 2017
Insurance
Arch Insurance, a part of Bermuda-based Arch Capital Group, has expanded its travel business unit with the appointment of Cory Sobczyk and Dan Povondra as vice presidents of business development, and Lynn Barty as regional sales director. 28 June 2017
Alternative Risk Transfer
The UK’s economic secretary to the Treasury, Simon Barclay said that the regulation to introduce insurance linked securities (ILS) in the UK will be laid in Parliament before the summer recess and may be in force in autumn. 27 June 2017
Insurance
US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant. 10 October 2018
Insurance
Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said. 23 May 2019
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