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Insurance
Zurich Insurance Group has announced that its board of directors has proposed to its shareholders to elect Jeffrey Hayman and David Nish to the board for a term of office of one year each. 22 December 2015
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
Insurance
Broker Aon is suing rival Willis Towers Watson (WTW) over its hiring of Michael Burwell as the new chief financial officer (CFO) because Burwell advised Aon on its restructuring plans as a partner of PwC. 27 September 2017
Insurance
The Reinsurance Association of America (RAA) has reported an increase in the gross written premiums of the biggest reinsurers in the US on an aggregate basis in the second quarter of 2016 but their profits dropped in the period compared with the same period a year earlier. 24 August 2016
Insurance
Swiss Re enjoyed strong growth in the first quarter driven by its L&H Re and in Life Capital units but its profits were effected by a change in US GAAP accounting covering guidance on recognition and measurement of equity investments, which meant it took a $280 million hit to its net profit. 4 May 2018
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
News
The long-running and increasingly bitter saga between re/insurer Argo and activist investor Voce Capital Management seems to have run its course, but is that truly the end of the matter? Intelligent Insurer reports. 27 June 2019
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
An analysis of more than 13,000 engineering insurance claims in the past five years has revealed seven trends that are driving some of the largest losses ever, according to global corporate insurance carrier Allianz Global Corporate & Specialty (AGCS). 22 August 2019
Insurance
Economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion, according to data provider RMS. 31 August 2017
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