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Insurance
AXIS Capital Holdings has reported a fall in its net income for the first quarter of 2016, to $38 million, compared with $156 million, for the first quarter of 2015, weighed down by weak investment results. 27 April 2016
News
Safety National Casualty Corporation, a member of Tokio Marine Group which mainly writes excess workers’ compensation coverage to self-insured employers and groups nationwide in the US, has appointed a new vice president of ceded reinsurance. 17 February 2014
Insurance
Sapiens International, a global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, has entered into a definitive agreement for the acquisition of Maximum Processing. 8 June 2016
Insurance
Dual, the underwriting arm of Hyperion Insurance, has appointed Andy Elston, formerly a director at Co-operative Group, as chief financial officer (CFO), Dual Group. 18 June 2014
Insurance
The Bermuda Business Development Agency (BDA) and other business bodies including the Association of Bermuda Insurers and Reinsurers have praised the resilience of Bermuda and the speed with which much of its critical infrastructure reopened in the aftermath of Hurricane Nicole. 17 October 2016
Insurance
William Gallagher Associates (WGA), a US retail insurance broker, has appointed Michael Talmanson as leader of the firm’s technology and cyber risk practice. 10 December 2014
Insurance
XL Life, the subsidiary of global re/insurance firm XL Group, has entered into a definitive agreement to reinsure a block of US term life treaties to a subsidiary of Reinsurance Group of America (RGA). 3 December 2015
Insurance
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) has started a transactional liability unit in North America to help customers face inherent risks caused by M&A transactions. 21 July 2016
Insurance
XL Group has appointed Paul Le Boutillier as senior underwriter, fine art & specie. He will report to Graham Hawkins, XL Group’s global chief underwriting officer for fine art & specie and is based in London. 13 November 2013
Insurance
Specialist insurer Markel International has appointed Tom Fassnidge as senior claims adjuster in its professional and financial risks division. 21 November 2014
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