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Insurance
The European Commission has confirmed that its officials carried out unannounced inspections on July 4, 2017 at the premises of companies active in motor insurance in the Republic of Ireland. 5 July 2017
Insurance
AXIS Capital Holdings said on Aug. 24 that it raised its cash offer to acquire Novae Group to £477.6 million, or 715 pence in cash for each Novae share. 25 August 2017
Insurance
Industry veteran Joseph Boren, chairman of Ironshore environmental and president of US field operations, is set to retire from the Liberty Mutual-owned company at the year-end 2017. 1 December 2017
News
Swiss Re has reported its claims estimate for tropical Cyclone Debbie at around $350 million. 13 April 2017
Insurance
Bermuda-based Everest Re said on Oct. 12 that it expects to incur pre-tax catastrophe losses, net of reinsurance and reinstatement premiums of $1.2 billion in the third quarter. 13 October 2017
Insurance
UK-based Allianz Insurance, part of the Allianz Group, has appointed Bob Dawson to the position of claims major loss manager. 13 April 2017
Insurance
S&P Global Ratings said on Oct. 12 that it revised the outlook for XLIT, formerly known as XL Group and now a subsidiary of it, to stable from positive. 13 October 2017
Insurance
Bermuda-based re/insurer AXIS Capital Holdings said on Oct. 12 that it expects the total net financial impact from third quarter 2017 catastrophe losses at $578 million. 13 October 2017
Insurance
XL Group’s reported preliminary third-quarter catastrophe loss estimate of $1.48 billion alleviates recent investor concerns about an outsized loss from XL and any concerns about capital raise needs, according to an Oct. 11 Morgan Stanley analyst note. 13 October 2017
Insurance
Argo Group International Holdings has appointed David Higley as head of US property and inland marine. 13 October 2017
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