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Insurance
Zurich Insurance Group will remove around 240 jobs from the UK business as part of a major restructure within the organisation. The roles will be largely removed from back office and non-market facing areas. 20 January 2017
Insurance
Global insurance broking and risk management firm Marsh has appointed Paul Moody as CEO of its UK specialties division. 18 December 2017
News
Validus Re, the reinsurance division of Validus, has appointed James Franson as president of Validus Americas, Validus Re’s US-based managing general agent. 28 July 2015
Insurance
Insurers exposed to UK liability business face big hikes in their reinsurance pricing and continued uncertainty as a result of recent changes made to the personal injury discount rate in the UK despite many having already reported sizable one-off reserve charges in recent result, according to AM Best. 5 June 2017
Awards
Innovation in Insurance Awards in North America celebrate innovations transforming the industry 8 November 2019
Insurance
Increase in fully diluted book value per share of 4.4 percent for the year 7 November 2019
Insurance
John Neal, the former boss of Australia-based insurer QBE Insurance Group who lost his job last year following a shock profit warning, is likely to be appointed as the new chief executive of Lloyd’s of London, according to a Sept. 7 Financial Times report citing “people familiar with the matter”. 7 September 2018
Insurance
AXA Assistance has promoted Eoin Lyons to chief operating officer from his role as general manager of AXA Assistance in Ireland. Former head of account management, Paul Moloney will assume Lyons’ vacated position, as well as the role of account director for key strategic AXA Assistance UK clients. 13 February 2014
News
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
Insurance
XL Catlin’s London-based insurance operations have introduced a contract continuity clause which addresses the risk that contracts written prior to Brexit may become impermissible assuming passporting rights are lost as a consequence of the UK leaving the EU. 19 March 2018
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