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Tatsuhiko Hoshina, the chief executive officer (CEO) of Tokio Millennium Re (TMR), has stepped down amid a reshuffle of the executive team. 1 April 2015
Insurance
The temporary lapse of the Terrorism Risk Insurance Act (TRIA) highlighted the willingness of the private sector to assume some types of risk currently off limits. 2 February 2015
Insurance
Multiline property and casualty insurer ACE has announced the leadership team it intends to appoint for the company’s North America field organisation. The appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. 10 September 2015
Insurance
Bermuda-based Endurance Specialty Holdings has seen a drop in its profits in the third quarter of the year to $43.6 million versus a profit of $68 million for the third quarter of 2014. 3 November 2015
Insurance
Credit insurer Nexus CIFS has reshuffled its business as Bob Lilley, the managing director, is appointed as executive chairman. Richard Marriage succeeds him. 5 December 2014
Insurance
Berkshire Hathaway’s $9.8 billion retroactive reinsurance deal with American International Group’s (AIG), revealed last week, is big enough to potentially jeopardize an underwriting profit in Warren Buffett’s reinsurer’s P&C operations for the first time. 26 January 2017
Insurance
Broker Arthur J. Gallagher (AJG) has acquired Connecticut based American Wholesalers Underwriting (AWU). 25 April 2014
Insurance
Asian shipping has endured the coincidence of low freight rates, market consolidation, and the continued broader economic slowdown. Simon Saunders of Barbican Insurance Group discusses the implications of current conditions with SIRC Today. 30 October 2017
News
XL Group has created a reinsurance Global Emerging Markets unit, which aims to optimise development. 4 June 2013
News
Munich Re has appointed two new board members. 20 March 2014
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