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Novae appoints property head from Mitsui Sumitomo

Europe12-06-2014Insurance news

Novae Group, the specialist listed Lloyd’s insurer has appointed Anne Plumb, formerly of Mitsui Sumitomo Insurance, as unit head of international open market property.

Balbinot continues as Insurance Europe president

Europe12-06-2014Insurance news

Sergio Balbinot has extended his mandate as president of Insurance Europe for another year, at the unanimous request of members.

TRIPRA renewal will increase risk retention

North America12-06-2014Insurance news

The expected renewal of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is likely to lead to the imposition of higher deductibles and risk retentions on US P&C insurers, according to Moody’s.

Generali exercises demerger option

Europe12-06-2014Insurance news

The board of directors of Assicurazioni Generali has resolved to exercise the demerger option from Telco.

M&A makes more relevant businesses: Charman

North America11-06-2014Reinsurance News

The reinsurance industry will likely see more merger and acquisition (M&A) activity in the coming years as competitive pressures within the sector increase, according to speakers at the Standard & Poor's Ratings Services' 30th Annual Insurance Conference this week.

Beware of mergers despite competition frenzy: Iordanou

North America11-06-2014Insurance news

Companies should be wary of merging where there is no strategic rationale and no synergies regardless of competitive pressures in the industry that will force companies to consider consolidation, according to Constantine Iordanou, chief executive of Arch Capital.

UK motor market makes first profit since 1994

Europe11-06-2014Insurance news

For the first time in 20 years, the UK motor insurance industry has made an underwriting profit.

Fitch upgrades Lloyd’s to AA-

Europe11-06-2014Insurance news

Rating agency Fitch Ratings has upgraded Lloyd's of London's (Lloyd's) financial strength and creditworthiness, as it expects the insurer to deliver stronger underwriting performance.

Travelers appoints business CEO

North America11-06-2014Insurance news

US insurer Travelers has made a number of new appointments following the departure of Bill Cunningham, who served as executive vice president, business insurance.

BMS adds automated storm capabilities

North America11-06-2014Insurance news

BMS Group has added new automated storm reporting capabilities to its catastrophe risk management system iVision.

Showing 15761 to 15770 of 17935 results

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