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Insurance
Bermuda-based Aspen Insurance Holdings expects to increase carried reserves for impacted lines of business by approximately $30 million on a pre-tax basis in the first quarter of 2017 as a result of the change in the Ogden rate in the UK. 30 March 2017
Insurance
Insurance firm Liberty Mutual has appointed Jeff Duncan senior vice president and chief underwriting officer of its operation focused on helping healthcare providers and the brokers who support them better manage the total cost of risk. 30 March 2017
Insurance
Asta, the Lloyd’s third party managing agent, has taken over as the managing agency to Skuld Syndicate 1897. The syndicate was previously managed by R&Q Managing Agency. 4 April 2014
Insurance
The US Federal Home Loan Mortgage Corporation, Freddie Mac has auctioned off a pool of residential mortgage insurance contracts in a deal which will provide a maximum limit of up to approximately $300 million of losses on single-family loans under its Agency Credit Insurance Structure (ACIS) programme. 28 June 2018
News
Korean Reinsurance Company is set to establish a subsidiary in Switzerland, according to AM Best’s Jan. 16 Asia-Pacific newsletter. 16 January 2018
Insurance
he Monte Carlo Rendez-Vous is a perfect time to ask how brokers are faring in the London market. Three insiders gave Intelligent Insurer their views. 11 September 2013
Insurance
American International Group (AIG) has appointed Jamie Miller as North America property chief underwriting officer, general insurance. He joins AIG from Swiss Re. 25 June 2018
Insurance
Broker Jardine Lloyd Thompson (JLT) has launched a Brisbane-based China desk to capitalise on the more than $40 billion two way investment flows between the two countries. 28 May 2014
Insurance
Concern from reinsurers will drive elimination of ambiguity in primary contracts. 17 December 2019
Insurance
A year after a full-scale restructuring, Munich Re subsidiary ERGO claims to be more efficiently structured, and intends to contribute more than €600 million in to the long term to the annual net profit generated by its parent. 2 June 2017
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