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Insurance
The overall cost to insurers and reinsurers of the UK’s change in the personal injury Ogden discount rate is estimated at £3.5 billion across all lines of business, according to advisory firm EY. 16 June 2017
Insurance
Ironshore’s Pembroke Managing Agency has enhanced its directors and officers liability product for financial institutions to reflect changes to UK regulations. 8 April 2016
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has opened its first Netherlands office to write marine and energy business. 14 April 2015
Insurance
Bermuda-based RenaissanceRe (RenRe) has reported that second quarter 2017 net income came to $171.1 million, an increase on the $136.3 million it made in the second quarter of 2016. 26 July 2017
Insurance
The re/insurance markets remain cyclical, with the industry operating on the very margins of profitability, a big catastrophic loss would adjust the balance of capital and underwriting opportunity, Alex Maloney, group chief executive of Lancashire, said in the company’s annual report. 14 March 2017
Insurance
Arthur J. Gallagher (AJG) has appointed John Coldman to serve on the company's board of directors. 20 November 2014
Insurance
Bermuda-based Validus Holdings recorded a sharp drop in net income on lower underwriting income and a deteriorating combined ratio. 27 April 2017
Insurance
Brit, a global specialty insurer, has charged Tom Carroll to launch a marine business for Brit Global Specialty USA. 3 May 2016
Insurance
The acquisition of insurer Amlin by Mitsui Sumitomo Insurance Company, (MSI), a wholly-owned subsidiary of MS&AD Insurance Group Holdings, has been completed. 1 February 2016
Insurance
Canopius has rebranded to become Sompo Canopius. 1 February 2016
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