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Insurance
RLI, a specialty insurer serving property/casualty and surety markets, has elected David Duclos to its board of directors for a term expiring at RLI’s next shareholders’ meeting in May 2018, at which time he will stand for re-election. 9 May 2017
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has appointed Bas Wijnhoven to the new role of senior underwriter – directors and officers (D&O) and crime for the Netherlands. 27 November 2017
Insurance
ACE Group has appointed Adi Darmaputra as accident & health and bancassurance director for its general insurance operations in Indonesia. 7 May 2014
Insurance
Rates will harden in 2019—or at the very least remain stable. That is what our readers believe as they approach the January 1 renewals. But we are also mindful that the Christmas spirit may have made some a little too optimistic. 20 December 2018
Alternative Risk Transfer
Increased competition fuelled by third-party capital is causing premiums to decline, threatening reinsurers’ competitive positions. One consequence of this could be that some players struggle to maintain their financial strength ratings. 15 August 2014
Insurance
Netherland-based insurer Aegon has completed its divestment transaction with Wilton Re, a company focused on the North American life insurance market. 29 June 2017
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
News
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21. 21 August 2017
Insurance
Brit, the global specialty insurer, has launched a newly created product targeting the fine art and specie sector. 14 March 2016
Insurance
Specialist insurer Hiscox has appointed Josh Nevin as chief operating officer (COO) for its US business unit. 28 June 2017
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