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Stephen Catlin re-emerges at private equity firm

North America23-01-2018Insurance news

Insurance veteran Stephen Catlin joined private equity firm Aquiline Capital Partners as a senior advisor at the end of 2017.

Travelers underwriting income plummets

North America23-01-2018Casualty, Insurance news, Property cat

US property/casualty insurer Travelers has seen its underwriting income fall sharply in the fourth quarter as well as in the full year of 2017.

Cloud service failure could cost $15bn

London, North America23-01-2018Insurance news, Reinsurance news, Technology News

An extreme cyber incident that takes a top cloud provider offline in the US for 3 to 6 days would result in economic losses of $15 billion and up to $3 billion in insured losses, according to a Lloyd’s Jan. 23 press release.

XL Catlin unveils new insurance offering in France

Europe23-01-2018Insurance news, Reinsurance news

XL Catlin’s insurance operation in France and Benelux has launched new local underwriting capabilities with the appointment of Eric Zandvliet as head of political risk, credit & bond (PRCB).

Ryan Specialty appoints CEO of ThinkRisk, CorPro

North America23-01-2018Insurance news

Ryan Specialty Group (RSG) has promoted Reza Khan to CEO and president of ThinkRisk Underwriting Agency and CorPro Underwriting Managers.

Paragon appoints reinsurance leader

North America23-01-2018Insurance news, Reinsurance news

Paragon Insurance Holdings, a multi-line specialty managing general agency (MGA), has appointed Andrew Petersen as regional president and executive vice president (EVP) of reinsurance operations.

Analysts positive on AIG-Validus deal

Bermuda, North America23-01-2018Insurance news, Reinsurance news

American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers.

QBE warns of $1.2bn FY 2017 loss

Australia, North America23-01-2018Insurance news, Property cat

Australia’s QBE has warned the markets that it expects to report a full year 2017 after tax loss of around $1.2 billion due to catastrophe losses, reserve strengthening and write-downs.

Talanx acquires Liberty Mutual's Turkish unit

Europe, North America23-01-2018Insurance news, Specialty

The Germany-based group Talanx is acquiring 99.4 percent of the shares in Liberty Sigorta, the Turkish non-life subsidiary of US-based Liberty Mutual Group.

Beazley boosts European growth with Aon and Chubb hires

Europe23-01-2018Insurance news, Specialty

Specialist insurer Beazley has strengthened its international specialty lines teams across Europe with a series of hires from Aon, Chubb and Tokio Marine, among others.

Showing 1 to 10 of 10527 results

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