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The administrator of New Zealand-based CBLC, the ultimate parent of CBL group of Companies (CBL group), has recommended the liquidation of the re/insurance company. 15 May 2018
Insurance
Chubb’s net profits soared in the third quarter reaching $1.2 billion in the period compared with a net loss of $70 million in the same period a year earlier, when it was hit by multiple natural catastrophes. Its combined ratio for the period was 90.9 percent compared with 110.8 percent in the same period a year earlier. 24 October 2018
Insurance
Macro sector trends such as rising yields and claims inflation will form the background for the next phase the re/insurance markets will enter, David Flandro, global head of analytics at JLT Re, told Baden-Baden Today. 24 October 2018
Insurance
Novae Group, the specialist Lloyd’s insurance group, enjoyed solid growth in the first three months of 2014 in what it described as a challenging rating environment as it targeted more speciality classes of business. 14 May 2014
Insurance
The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO. 25 July 2019
Insurance
Zurich Insurance has appointed Vibhu Sharma as chief executive officer (CEO) of its UK general insurance (GI) business from April next year. 8 October 2014
Insurance
A subsidiary of Enstar Group has completed a transaction to reinsure the US multi-line property/casualty business of QBE Insurance Group. The company has obtained the regulatory approval. 12 January 2017
News
Hannover Re has posted a profit for the third quarter despite large losses exceeding its budget in the third quarter of 2017 through an increase in investment income driven by the sale of its listed equity portfolio. 8 November 2017
Insurance
The Financial Conduct Authority (FCA) has launched a market study to assess how competition is working in the wholesale insurance broker sector in the UK. 8 November 2017
Insurance
Aon has named Jim Gloriod as CEO of its US Construction Services Group, responsible for the construction, power and the environmental practices. 8 November 2017
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