Articles
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
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
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
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
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
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
Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation. 22 March 2017
Insurance
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business. 2 May 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
There is a real opportunity to improve reinsurance processes with the use of blockchain technology, which can deliver cost savings and efficiency gains of 30 percent by taking out unnecessary reconciliation, repetitive duplication of work and waiting times. 11 September 2017
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