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Ludger Arnoldussen, member of the Munich Re board of management with responsibility for Germany, Asia Pacific and Africa, is leaving the company after more than ten years to "seek new challenges", the reinsurer has revealed. 15 March 2017
Insurance
Argo Group posted a profit of $36.7 million in the first quarter of 2017, a 25 percent increase on the $27.7 million it made over the same period of 2016. 4 May 2017
Insurance
Specialist insurer Markel International has acquired Galleon, a London-based managing general agent (MGA) specialising in marine professional indemnity and cargo liability business. 1 November 2016
Insurance
Soft markets, poor returns on investment, increased regulation—many re/insurers are enduring a tough time at the moment. 13 September 2015
Insurance
Adam Szakmary, the former CEO and portfolio manager at Blue Capital Management, has joined Hiscox Insurance Company Bermuda as director of underwriting. He replaces Damien Smith, who is returning to London after six years in Bermuda to become the head of specialty for Hiscox Re. 3 May 2017
Insurance
Run-off specialist Enstar Group and private equity firm Stone Point Capital have completed the previously announced acquisition of Torus Insurance Holdings. The deal represents the latest move into ‘live’ underwriting for Enstar. 2 April 2014
Insurance
Cost implications of continuing to access EU business and any downturn in the UK economy resulting from Brexit are likely to weigh on insurers, according to an AM Best report titled “Brexit Uncertainties Weigh on UK Insurers but Rated Entities Able to Withstand Pressure.” 20 January 2017
Insurance
Lancashire’s property and marine segments drove down premiums at the re/insurer in the third quarter of 2015. 6 November 2015
Insurance
A new earthquake and tsunami model for Japan being developed by Impact Forecasting, the catastrophe modelling development centre of Aon Benfield, will differentiate itself from other models in the region in the way it tackles earthquake occurrence probability in the Nankai Trough, a submarine trough located south of the Nankaidō region of Japan’s island of Honshū. 31 October 2017
Insurance
CNA Financial Corporation has appointed David Brosnan, the chief executive of Lloyd’s insurer Hardy, as chief executive of CNA Insurance Company (CNA Europe). 8 August 2014
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