Articles
Insurance
Specialty re/insurer Brit has completed the fifth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus. 25 February 2019
Insurance
Two former Markel CATCo executives have filed court cases against the company claiming around $73.4 million for wrongful termination of employment after inappropriate searches of private smartphone messages. 22 February 2019
Insurance
Bermuda-based reinsurer PartnerRe has reported losses in both its fourth quarter 2018 and full year results but its CEO Emmanuel Clarke is confident that the company will be able to deliver "solid returns" to its shareholder in 2019. 22 February 2019
Insurance
Insurance group Sirius highlighted “long term wins” in its 2018 results, despite losses partly caused by typhoon Jebi. 22 February 2019
Insurance
Specialty insurance company ProAssurance Corporation has unveiled leadership changes following the retirement of Howard Friedman, president of healthcare professional liability. 22 February 2019
Insurance
German reinsurer Munich Re has partnered with business spend management (BSM) provider Coupa Software to transform its procurement and related processes with its first global source-to-pay system. 21 February 2019
Insurance
Some $3 billion of large claims from natural catastrophes and man-made losses battered Swiss Re’s 2018 results but the reinsurer still posted a decent profit and increased its gross written premiums by some 5 percent. 21 February 2019
Insurance
Incidents of so-called sextortion, whereby criminals attempt to extort money from users of pornographic websites, are increasingly rapidly, according to Beazley Breach Response (BBR) Services, which said a growing number of commercial clients were targeted by this in the fourth quarter of last year. 21 February 2019
Insurance
Alleghany Corporation’s president and CEO admitted the firm was “not immune” from above average catastrophe losses in 2018 as he announced the 2018 year end results. 21 February 2019
Insurance
Aspen has granted a $10 million bonus to its former chief executive officer Christopher O’Kane and $1 million to group chief financial officer Scott Kirk for assisting the Bermuda-based re/insurer with its $2.6 billion merger deal. 20 February 2019
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