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Insurance
Speciality property/casualty insurance group AmTrust Financial Services (AFSI) should take a reserve charge “in the hundreds of millions of dollars” and commit to “much-improved disclosure” in order to restore investor confidence, according to analysts at Keefe, Bruyette & Woods. 3 May 2017
Insurance
Munich Re subsidiary ERGO Group has made several organisational changes and launched a new insurance unit as part of its strategic initiative aimed at expanding international business with corporate customers. 27 November 2017
Insurance
The International Underwriting Association (IUA) has appointed Maria Jauregui as finance manager, to support its work responding to tax and accounting developments affecting the London company market. 11 July 2016
Insurance
US insurer WR Berkley Corporation has estimated the impact of Ogden rate change on the company’s first quarter operating results at $30 million before tax, and $22 million after tax, the company said in a statement. 29 March 2017
Insurance
Swiss Re’s first half 2017 results have been impacted by lower income from the property/casualty reinsurance division as the reinsurer curbs premium and is hit by Cyclone Debbie. 4 August 2017
Insurance
As carriers reassess their priorities and refocus on making underwriting profits, the use of technology and data science will become key to achieving this, and give companies with these capabilities an advantage, Pina Albo, chief executive of Hamilton Insurance Group, told Baden-Baden Today. 24 October 2018
Insurance
Re/insurer QBE Australia and New Zealand has appointed Mark Baxter as new chief risk officer, replacing Anna Gould, who takes on the new position of head of claims technical and governance. 26 April 2017
Insurance
Bermuda-based XL Group has said that it expects the UK’s Ogden rate change decision to cost the re/insurer around $75 million. 1 March 2017
Insurance
The insurance segment of Aspen Insurance Holdings, Aspen Insurance, has appointed Erik Armellino as international head of onshore energy and construction. 2 June 2016
Insurance
Prague headquartered VIG Re aims to strengthen its underwriting activities in Germany and to enter additional countries mainly in continental Europe, according to the company’s 2016 annual report. 1 June 2017
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