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Insurance
General insurer Insurance Australia Group (IAG) has said that it has increased its loss reserves in relation to the 2010 and 2011 Canterbury earthquakes by NZ$950 million ($713.6 million). 19 February 2015
Insurance
ProAssurance’s consolidated combined ratio for Q3 is 103.6 percent, a two-percentage point increase quarter-over-quarter. The company said this was primarily due to changes in the mix of premiums earned and a lower amount of prior accident year favourable development due to its perception of loss trends in the healthcare professional liability market. 7 November 2019
Insurance
Triton Global, the commercial claims organisation, has appointed Chris Foulkes as a partner. 3 December 2015
Insurance
Re/insurer XL Catlin has strengthened its North America aviation insurance team with key appointments in the US and Canada. 3 August 2017
News
Bermuda-based RenaissanceRe (RenRe) has appointed Duncan Hennes and Valerie Rahmani to serve as independent directors. 3 August 2017
Insurance
Specialist insurer Tokio Marine HCC has appointed Chris Christou as business development manager covering London and the South East of England. 15 February 2017
Insurance
The dial is slowly shifting for diversity and inclusion in the insurance industry, but is still lagging far behind other sectors due to the lack of flexibility in workplaces and initiatives to support change. 28 August 2019
Insurance
Bermuda-based Ironshore Specialty Casualty has launched a new oil and gas facility offering liability coverages for on-shore middle market energy classes in the US, with annual revenues between $5 million and $200 million. 14 February 2017
Insurance
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition. 21 February 2018
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Mark Purdy as senior vice president to enhance its analytics and consulting practice. 8 June 2017
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