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Trust Insurance Management WLL, a subsidiary of Trust Re, a reinsurer based in the Kingdom of Bahrain, has been approved as a Lloyd’s Coverholder. 15 April 2016
Insurance
Sompo Japan Nipponkoa Insurance looks set to buy a substantial stake in French reinsurer SCOR in a deal worth more than $900 million. 6 March 2015
Insurance
Mike Morrissey, chief executive officer of the International Insurance Society (IIS), conveyed the insurance industry’s commitment to a framework designed to create a more sustainable society, which had been unveiled on the opening day of the Paris COP21 conference on climate change. 7 December 2015
Insurance
Sponsoring transparent and understandable cat bonds—including bonds that use parametric triggers—could become one of the most effective risk transfer instruments for emerging economies to resolve the developing issue of the protection gap at the macro level, Kirill Savrassov, CEO of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 25 October 2017
Insurance
Only 40 percent of the top 100 US property and casualty (P&C) insurers reported an underwriting profit over the last five accident years. 25 October 2016
Insurance
Property and casualty insurer Chubb has promoted Steve Parry to the role of director of claims for Europe and Eurasia and Africa, succeeding Peter Murray, who is retiring this year. 2 February 2017
Insurance
Trading company Mitsui & Co has bought a 15 percent stake in New Ocean Capital Management, the investment management company formed by XL. 24 October 2016
Insurance
The US government is planning a tax reform which is likely to lower corporate taxes, potentially boosting companies’ profits. But executives at Reinsurance Group of America (RGA) remain cautious. 1 February 2017
Insurance
Trading company Mitsui & Co has bought a 15 percent stake in New Ocean Capital Management, the investment management company formed by XL. 24 October 2016
Insurance
Insurer RSA has appointed Paul Whittaker as group chief operating officer. Whittaker, currently chief executive, emerging markets will assume the role on May 1, 2014. 16 April 2014
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