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Allied World Assurance Holdings (Ireland), part of Allied World Assurance Company Holdings, has agreed to acquire a 21.2 percent stake in Gravity Underwriting, a London-based managing general agent (MGA). 14 August 2013
Insurance
Explaining what big data is, how it can be used and its benefits to regulators is an important issue for the property/casualty industry—not least to dispel the notion that insurers use such information to their own ends and not to benefit customers, Kurt Bock, the incoming chair of the PCI’s board, told PCI Today. 16 October 2017
Insurance
JLT Specialty USA, a US subsidiary of insurance and reinsurance broker Jardine Lloyd Thompson Group (JLT), has appointed Perry Robinson as senior vice president (SVP). 28 January 2016
Insurance
Hannover-based insurance group Talanx exceeded profit expectations in the third quarter in 2016 and raised its targets for 2017. 15 November 2016
News
Run-off business is gaining increased interest from investors. Arndt Gossmann, CEO, DARAG, talks to Baden-Baden Today about the benefits of its new run-off platform for investors and for the run-off specialist itself. 19 October 2015
Insurance
Fluctuations in the profitably of its reinsurance businesses contributed to a drop in earnings at Berkshire Hathaway’s first quarter results. Its unit Berkshire Hathaway Reinsurance Group in particular saw a severe fall in its pre-tax profits due to fluctuations in currency exchange rates and one off deals in the first quarter last year. 6 May 2014
Insurance
Insurer Beazley has announced that it made a profit of $158.7 million for the first half of 2017, a six percent increase on the $150.2 million it made in the first six months of 2016. 24 July 2017
Insurance
Brentacre, a specialist Swansea-based insurance broker, has appointed Lauren Grove as business development manager. 21 March 2016
Insurance
New Zealand insurance company Tower has sold its remaining life business, Tower Life (NZ), to Foundation Life, for NZ$36 million ($31.5 million). 1 July 2014
Insurance
Zurich Insurance Group has appointed Mike Davies as global head of marine underwriting within the company’s general insurance business. He will succeed Lee Meyrick who left Zurich in April, 2013. 26 June 2013
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