The Hartford, a US-based property/casualty insurer, has named Robert Paiano as chief risk officer to lead the company’s enterprise risk management operations.
The Hartford, a US-based property/casualty (P&C) insurance firm, has named David Firstenberg as chief underwriting officer for its P&C businesses, reporting to president Doug Elliot.
Profits at US insurer The Hartford soared in the first quarter of the year largely driven by a reduction in net realized capital losses though this was partially offset by higher catastrophe losses. The company also enjoyed steady growth.
The Hartford, a US-based property/casualty insurance firm, has appointed Morris Tooker as the head of its middle market segment that offers multiline commercial insurance coverages for midsize and larger businesses.
The American Insurance Association (AIA) has re-elected Christopher Swift as the chairman of its board of directors for the second term. He was first appointed as the chairman in 2016.
The Hartford has completed a $1.5 billion excess-of-loss reinsurance deal with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway, which covers its asbestos and environmental liability exposures.
The Hartford, a property and casualty insurer, has agreed to sell its UK property and casualty run-off subsidiaries, Downlands Liability Management (DLM) and Hartford Financial Products International (HFPI), to Bermuda-based re/insurance consolidator, Catalina.
Insurance group The Hartford has reported a 31 percent decrease in its first quarter 2016 net income, down to $323 million, compared to $467 million in the first quarter of 2015.
The Hartford, the property and casualty insurance firm, has entered into a definitive agreement to purchase Northern Homelands Company, the holding company of Maxum Specialty Insurance Group, for $170 million in cash.
US insurer The Hartford reported a solid set of results for the second quarter of 2015 as its profits jumped.