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Bermuda-based Third Point Reinsurance has announced top leadership changes within the company in an Aug 8 United States Securities and Exchange Commission (SEC) filing. 9 August 2017
News
Swiss Re Corporate Solutions has appointed Melanie Slack as chief executive officer (CEO) of its Australia and New Zealand operations. 13 June 2017
Insurance
A significant increase in operating profit in the fourth quarter of 2017 helped to prop up Everest Re’s 2017 full year results which were impacted by severe natural catastrophes in North America. 6 February 2018
Insurance
Thomas Bradley, the chief financial officer (CFO) of Allied World Assurance Company Holdings, has left the company following its $4.9 billion acquisition by Canadian P&C re/insurer Fairfax Financial Holdings. 7 August 2017
Insurance
Allianz has agreed to acquire Sri Lanka's Janashakthi General Insurance (JGIL) for 16.4 billion Sri Lankan rupees (€85.9 million), according to a Feb. 2 press release. 5 February 2018
Insurance
Broker Willis Towers Watson said on Oct. 26 that the European Commission (EC) in October 2017 initiated investigation proceedings in respect of a suspected infringement of EU competition rules involving several broking firms, including the company’s principal UK broking subsidiary and one of its parent entities. 27 October 2017
Insurance
Specialty insurer Markel said in its third-quarter 2017 results report that after the end of the reported period northern California sustained losses from several wildfires, which the company estimates to result in net incurred losses of between $40 million and $80 million before income taxes. 27 October 2017
Insurance
Norway's Protector Forsikring, the insurer on the London Grenfell tower block that has been devastated by fire killing at least 80 people, has raised its expected gross claims from the tragedy to £50 million in its second quarter results report. 10 July 2017
Insurance
Losses from Hurricane Florence will be largely retained by property/casualty insurers only “dampening” their third quarter earnings. Only reinsurers and ILS funds with low attachment points may find themselves subject to claims, according to a report by Moody’s, which also predicted no cat bonds would be triggered. 17 September 2018
Insurance
Altitude Risk Partners (Altitude), the global aviation and space underwriting business, has expanded its general aviation capabilities with the appointment of Martin Audis as senior underwriter. 4 March 2016
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