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Credit and financial risk re/insurer CBL Corporation has completed its NZ$150 million ($104.4 million) strategic acquisition of Securities and Financial Solutions (SFS) and its claims management operation IMS Expert Europe (IMS). 9 January 2017
Insurance
RMS, a global catastrophe risk management firm, has opened a new office in Tallahassee, Florida after the acquisition of HWIND Scientific in October 2015. 16 May 2016
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates. 13 February 2019
Insurance
Munich Re and Swiss Re may face the biggest losses from Harvey among the companies covered by Bernstein analysts, according to an Aug. 30 report. 30 August 2017
Insurance
Mike Morrissey, chief executive officer of the International Insurance Society (IIS), conveyed the insurance industry’s commitment to a framework designed to create a more sustainable society, which had been unveiled on the opening day of the Paris COP21 conference on climate change. 7 December 2015
Insurance
Castel Underwriting Agencies, the managing general agent (MGA) formation platform, has appointed Vanessa Powell as its first claims manager. 3 September 2015
Insurance
Pacific Life Insurance Company, a provider of life insurance products, has completed its acquisition of a term life business platform from Genworth Financial. 27 June 2016
Insurance
RT Specialty, the wholesale brokerage unit of Ryan Specialty Group, has acquired the assets of Countrywide Brokerage, a wholesale insurance brokerage operation based in Edmonds, Washington. 12 January 2016
Insurance
Qatar Re experienced substantial growth and a rise in profits in the first half of 2016, driven by client and broker relationships as well as its status as a re/insurer within Bermuda, the company said, despite what it called “unabated headwinds”. 30 August 2016
Insurance
Property/casualty insurer Chubb has named Ross Bertossi as vice president of global underwriting, succeeding Jacques Bonneau who is set to retire from the company at the end of 2017. 13 July 2017
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