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Icahn intervenes in AmTrust going-private plan

North America18-05-2018Insurance news, Specialty

Billionaire investor Carl Icahn disclosed a 9.38 percent stake in insurer AmTrust Financial Services and said in a letter to the insurer’s board that he strongly opposed the going-private deal.

AIG losses more than double in Europe in 2017

Europe18-05-2018Insurance news, Property cat

AIG Europe reported a pre-tax loss of £431.5 million for 2017 (ending Nov. 30, 2017) after a negative £171.1 million in the 2016 financial year.

Lloyd’s brokers SSL, Endeavour merge under JC Flowers

London Market, UK18-05-2018Insurance news, Specialty

Lloyd’s brokers SSL Insurance Group and Endeavour Insurance Services have entered into an agreement to merge the businesses.

Sompo expects to double profit in 2018

Global18-05-2018Insurance news, Reinsurance News

Sompo Holdings expects consolidated ordinary profit to double in the full year 2018 (ending March 31, 2019) based on the impact of hurricanes in North America and large losses.

Aviva secures major bulk annuity deal with M&S

UK18-05-2018Insurance news

Aviva's most recent bulk annuity transaction with retailer Marks and Spencer (M&S) is more than 50 percent larger than any of Aviva's previous bulk transactions, according to Jefferies analysts.

Aon reveals new CEO of Captive & Insurance Management business

London, UK18-05-2018Insurance news, Reinsurance News

Re/insurance broker Aon has appointed John English as CEO for its Aon Captive & Insurance Management business.

ACLI appoints new CEO as Kempthorne departs

North America18-05-2018Insurance news

The American Council of Life Insurers (ACLI) has appointed Susan Neely as president and CEO, succeeding Dirk Kempthorne, who has stepped down after eight years at the helm of the ACLI.

Allstate April cat losses at $211m

North America17-05-2018Insurance news

US personal lines insurer Allstate Corporation estimated catastrophe losses for the month of April 2018 of $211 million before taxes.

Japan's Toa Re hires former Amlin boss to launch new European unit in Zurich

Europe, Japan, Switzerland17-05-2018Reinsurance News

Japan-based Toa Reinsurance Company (Toa Re) has hired the former chief executive of Amlin Europe to spearhead a new European reinsurance venture.

Former Kiskadee and DaVinci Re execs launch new $50m ILS fund

Global17-05-2018Alternative Risk Transfer News, Insurance news, Reinsurance News

Three experienced ILS executives including one of the founders of Hiscox-owned Kiskadee Investment Managers and a former managing director of RenRe-owned DaVinci Reinsurance have formed a new hedge fund-backed ILS venture, according to a May 16 Reuters report.

Showing 1 to 10 of 13518 results

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