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Insurance
Munich Re subsidiary ERGO Group has made several organisational changes and launched a new insurance unit as part of its strategic initiative aimed at expanding international business with corporate customers. 27 November 2017
Insurance
Specialty re/insurer Brit has hired Scott Brock as president of its newly formed specialty platform Scion Underwriting Managers. 27 November 2017
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has appointed Bas Wijnhoven to the new role of senior underwriter – directors and officers (D&O) and crime for the Netherlands. 27 November 2017
Insurance
UnipolRe has gone live with a new IT system developed in partnership with NIIT Technologies, which uitilises NIIT’s underwriting platform, Navigator. 27 November 2017
Insurance
Ironshore, a Liberty Mutual Company, has appointed Kristin McMahon as head of global claims. 23 November 2017
Insurance
The 2017 hurricanes Harvey, Irma and Maria (HIM) led to recorded estimated losses of $31.2 billion net of reinsurance costs for Bermuda re/insurers, according to the Bermuda Monetary Authority (BMA). 22 November 2017
Insurance
Swiss Re's current group chief economist Kurt Karl is retiring at the end of December 2017 after six years in the role and 17 years with the company. 22 November 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Andrew Beechey to the new role of head of underwriting and strategic development for global financial risks. 22 November 2017
Insurance
Specialty re/insurer Canopius has signed an agreement with State National Group, enabling it to offer specified lines of insurance written on admitted paper across the US. 22 November 2017
Insurance
The low interest rate environment is leading to a “search-for-yield behaviour” of insurers and an increasing transfer of risks to policyholders, the chairman of the European Insurance and Occupational Pensions Authority (EIOPA), Gabriel Bernardino, warns in a Nov. 22 speech in Frankfurt. 22 November 2017
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