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Germany’s Allianz said on Oct. 10 that Carsten Quitter will become Allianz group chief investment Officer (Group CIO) and, as managing director, will take over as co-lead of Allianz Investment Management (AIM) on January 1, 2018. 11 October 2017
Insurance
Neon's Syndicate 2468 has said that the strategic actions it has taken including reserve strengthening and exiting from medical malpractice and general liability classes of business will allow it to draw a line under the past after it posted more heavy losses for 2016 and its combined ratio soared. 12 April 2017
Insurance
Capsicum Delegated Authority (Capsicum DA), the specialist binding authority broker, has appointed Daniel Snowden as a director. 22 March 2016
Insurance
Japanese insurance group MS&AD is seeking acquisitions outside Japan to further diversify the business, CEO Yasuyoshi Karasawa said while presenting the group’s “Vision 2021” plan. 12 October 2018
Insurance
Pioneer Special Risk (PSR), part of Pioneer Underwriters, has commenced underwriting environmental liability via a new division in Exton, Pennsylvania. 17 February 2016
Insurance
The continued softening of the reinsurance market and the entrance of the capital markets into the Asian reinsurance sector will be the main topics of conversation at this year’s EAIC, according to Britt Newhouse, chairman of Guy Carpenter. 3 November 2014
Insurance
Arthur J Gallagher, the international division of Arthur J Gallagher & Co, has announced that Andrew Agnew, its managing director of specialty and a member of the Executive Committee, has been made chairman of the London & International Insurance Brokers’ Association (LIIBA). 18 March 2016
Insurance
Specialty re/insurer Brit reported a profit after tax of $157.6 million compared to $15.6 million in 2015 despite experiencing further rate deterioration. 17 February 2017
Awards
The Brexit strategy presented by Prime Minister Theresa May this week will weaken the UK as a re/insurance hub, a majority of respondents to an online survey by Intelligent Insurer believe. 19 January 2017
Insurance
Opportunities in the US mortgage business have provided reinsurers with some respite from deteriorating business conditions in traditional property casualty (P&C) reinsurance lines, but margins are tightening, according to an S&P Global Ratings report. 21 August 2017
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