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Insurance
The Dutch central bank has fined insurer Delta Lloyd €22.8 million and ordered it to dismiss its chief financial officer (CFO) following an investigation into alleged improper gains in 2012. But the company has said it will fight the decision and stands by its CFO. 22 December 2014
Insurance
Chaucer, the specialist Lloyd’s insurance group, has hired an executive who previously worked for Willis Re and Standard & Poor’s in China to represent it on the Lloyd’s China Platform in Shanghai. 22 December 2014
Insurance
Marine insurer Skuld made a $6.5 million underwriting loss for the nine months to November 20, 2014, largely due to a series of substantial claims in the last three months of the period. 19 December 2014
Insurance
Barbican Insurance Group has established a Special Purpose Syndicate (SPS) which will commence as of January 1, 2015. 19 December 2014
Insurance
Allied World’s Lloyd’s Syndicate 2232 has received approval to underwrite direct insurance and facultative reinsurance business for Latin America and the Caribbean. 19 December 2014
Insurance
Broker Integro has acquired a London Market broker that specialises in bloodstock insurance worldwide. 18 December 2014
Reinsurance
The planned modernisation and improvement of Mexico’s infrastructure could grow the economy substantially. Antonio Murguía Pozzi, director at RIO, Intermediario de Reaseguro, tells Intelligent Insurer of the country’s proposed plans. 17 December 2014
Insurance
Solid economic growth, an array of prospects and its low exposure to natural perils is encouraging a slew of re/insurers to flock to the region. As business continues to boom, Intelligent Insurer takes a look at the companies entering the market. 17 December 2014
Reinsurance
JLT Re Argentina’s facultative manager Alejandro Kato analyses the reinsurance market in Latin America’s second largest country. 17 December 2014
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