Articles
Insurance
The US property/casualty industry recorded a net underwriting loss of $20 billion for the first nine months of 2017, up from $2.3 billion loss in the same period a year ago, according to AM Best. 22 November 2017
Insurance
While the digital world allows insurers to create more appealing products for customers, keeping the data may become expensive as new data regulation becomes effective, according to a November Marketforce panel discussion with several insurance CEOs in London. 20 November 2017
Insurance
XL Catlin’s insurance operation has appointed of Thomas Götting as country manager for Germany. 20 November 2017
Insurance
Hurricanes in North America have reduced Sompo’s consolidated net profit to ￥1.9 billion ($20 million) in the six months ended Sept. 30 (first half of Sompo’s financial year) compared to ￥43.4 billion in the same period a year ago. 20 November 2017
Insurance
PartnerRe made a big loss in the third quarter of 2017 because of cat losses related to the hurricanes Harvey, Irma and Maria. But the company also enjoyed continued steady growth and said it anticipates improving pricing conditions. 17 November 2017
Insurance
Anne Waleski, executive vice president and chief financial officer (CFO) of Markel Corporation and its vice chairman Michael Crowley are set to step down from their current positions. 17 November 2017
Insurance
Losses from the California Wildfires will reach between $8 billion and $10.5 billion, according to risk modelling firm AIR Worldwide, which has now conducted a damage survey and acquired new information about policy terms, and a re-examined the replacement values of high-value homes within its industry exposure database (IED). 17 November 2017
Insurance
Verisk Analytics, a provider of property/casualty insurance risk information, has appointed Lee Shavel as executive vice president and chief financial officer (CFO). 17 November 2017
Insurance
Lycetts, a UK-based insurance broker and financial services provider, has appointed Charles Foster as its new chief executive officer. 17 November 2017
Insurance
Re/insurer XL Catlin has appointed Farzina Coladon as lead fine art and specie (FAS) underwriter in Canada. 16 November 2017
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