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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.

Hannover Re reinsures €2bn of longevity risks

Europe11-06-2014Reinsurance News

Hannover Re has assumed £1.6 billion (€2 billion) of pension liabilities in cooperation with UK-based Pension Insurance Corporation.

AIG appoints CEO

North America11-06-2014Insurance news

American International Group (AIG) has appointed Peter Hancock as president and chief executive officer (CEO) from September 1. He succeeds Robert Benmosche.

Torus appoints Rotterdam head from Marsh

Europe11-06-2014Insurance news

Specialty insurer Torus has appointed Jaap Gispen, formerly of Marsh Netherlands, as branch manager, Rotterdam, to lead the company’s Netherlands-based operations.

Charles Taylor appoints CFO

Europe11-06-2014Insurance news

Insurance services firm Charles Taylor has appointed Mark Keogh as group chief financial officer (CFO). He succeeds Tito Soso, who leaves in August.

Usage of unaffiliated reinsurers grows: RAA

Bermuda, Europe, North America10-06-2014Reinsurance News

The amount of reinsurance ceded offshore by US insurers increased again in 2013 with Bermuda the most common domicile for offshore reinsurers used. Proportionally, the usage of unaffiliated reinsurers by US insurers also increased more.

JLT Capital Markets closes $44m cat bond

North America10-06-2014Alternative Risk Transfer News, Reinsurance News

Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Towers Re, has closed a $44 million private placement catastrophe bond.

RMS targets Asia growth with Singapore office

Asia Pacific10-06-2014Insurance news

Catastrophe risk management firm RMS has expanded its Asia Pacific presence with a new Singapore office.

Showing 15811 to 15820 of 17978 results

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