Articles
Insurance
Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330, and 1110, has appointed David Reed as its non-executive chairman. 7 February 2019
Insurance
Markel year end results showed losses in shareholder income as the company was affected by declines in both our fixed income and equity portfolios, driven by an increase in interest rates and unfavorable movements in the equity markets during 2018, the co-chief executive officers Thomas S. Gayner and Richard R. Whitt said. However, the two leaders pointed to a more optimistic year ahead saying they are “excited” about the strategic opportunities of the Nephila acquisition competed in the fourth quarter of 2018. 6 February 2019
Insurance
Chubb 2018 results show “a very good year” despite higher catastrophe losses than expected, said Evan G. Greenberg, chairman and chief executive officer of the property and casualty insurance firm. 6 February 2019
Insurance
Specialty insurance company ProAssurance Corporation is expecting to report a net loss of $9 million to $10.5 million from its London market business, prompting a "strategic review" of its Lloyd's syndicates. 5 February 2019
Insurance
Efforts by Lloyd’s of London to transform the market from a predominantly paper-based system to a digital one have shown “significant” progress in the final quarter of 2018, figures show. 5 February 2019
Insurance
Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses. 5 February 2019
Insurance
Catastrophe losses fail to stop “strong” net income and core earnings in 2018 for The Hartford, said its chairman and CEO Christopher Swift in the firm’s year end results. 5 February 2019
Insurance
Bermuda-based re/insurer Sirius Group has named Kernan Oberting as its new chief executive officer (CEO), and Ralph Salamone as chief financial officer (CFO), starting from February 9 2019. 5 February 2019
Insurance
Hannover Re defies “burden of heavy losses” to secure “pleasing growth” in 2018 and forecast further growth for 2019, its chief executive officer Ulrich Wallin said today as the company unveiled its annual results. 5 February 2019
Insurance
Munich Re America, Munich Re's US property and casualty reinsurance subsidiary, has revealed several newly created senior positions and the realignment of its executive leadership team for its reinsurance division. 5 February 2019
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