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Property/casualty insurer Chubb has named John Watkins as senior vice president, head of casualty claims for its North America claims organisation. 1 June 2017
Insurance
New York-based insurance holding company AmTrust Financial Services has appointed Daniel Hickey as executive vice president of business strategy and business development. 19 July 2017
News
New solvency regulations coming into force in many Latin American countries will drive appetite for reinsurance, but the challenges of soft rates, slow GDP growth and economic volatility remain, Ingrid Carlou, chief executive of Patria Re, told Monte Carlo Today. 13 September 2015
Insurance
The US property catastrophe rates are to increase between 5 percent and 10 percent in aggregate at the upcoming renewal periods, Moody’s said in a Dec. 18 report. 20 December 2017
Insurance
Insurer ACE has completed its acquisition of a 60.9 percent stake in Siam Commercial Samaggi Insurance, a general insurance company in Thailand, from Siam Commercial Bank. 29 April 2014
Insurance
XL Group has extended its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, with cover for financial lines products. 1 July 2014
Insurance
AXIS Re plans to fundamentally change its offering by becoming more client-focused, offering bespoke, structured, reinsurance deals and expanding its footprint in Asia. By doing this, and making other changes, it is targeting becoming a top 10 reinsurer, Steve Arora, chief executive of AXIS Re, told Monte Carlo Today. 11 September 2018
Insurance
Gabi, which provides a free, online "personal insurance shopper," has raised $9.5 million in Series A funding, led by Canvas Ventures, to accelerate its nationwide expansion in the US in 2018. 22 February 2018
Insurance
Hyperion Insurance Group enjoyed solid growth an increased profits in its annual results for the 12-month period ending September 2017, which it said was due to investment in people, operations and technology, and despite challenging market conditions. 11 January 2018
Insurance
Antares plans to combine with sister company Qatar Re to buy reinsurance this year—and predicts rate reductions as a result, head of ceded reinsurance Richard Anson told Monte Carlo Today. 10 September 2018
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