Articles
Insurance
UK-based Direct Line has seen its operating profit in the motor business more than double in 2017 after UK’s Ogden personal injury discount rate change, boosting overall results, but reinsurance cost also increased at January 2018 renewals. 27 February 2018
Insurance
Warren Buffett’s Berkshire Hathaway, which owns substantial insurance and reinsurance operations, posted record quarterly and annual results for 2017 – mainly fuelled by the big cuts to US corporate income tax, signed in by President Donald Trump last year. 26 February 2018
Insurance
The supervisory boards of Deutsche Rückversicherung and the Association of German Public Insurers (VöV) appointed Frank Schaar as CEO of both companies with immediate effect. 26 February 2018
Insurance
Marine insurance provider Skuld reported a 9.4 percent year on year net increase in mutual P&I (protection and indemnity) gross tonnage in renewals for 2018. 26 February 2018
Insurance
Mutual insurance company AEGIS is expanding the stamp capacity for Syndicate 1225 by 21 percent year on year to £400 million in 2018 to “take advantage of opportunities,” the company said. 26 February 2018
Insurance
Gallagher has appointed James Fletcher to lead its Manchester operation as part of the company's strategic expansion plans for the UK North-West region. 26 February 2018
Insurance
Germany-based legal expenses insurance provider ARAG has appointed David Haynes as director on the company’s board. 26 February 2018
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has partnered with digital insurance solutions provider eBaoTech Corporation to streamline its core insurance processes. 26 February 2018
Insurance
Insurance broker Lockton has appointed Mark Moitoso to lead its risk practices organisation, supporting the insurance broker’s property/casualty clients. 26 February 2018
Insurance
Standard Life Aberdeen is selling its insurance business to UK-based insurance services provider Phoenix Group for a total consideration of £3.24 billion. 23 February 2018
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