The Financial Conduct Authority (FCA) has dropped its investigation into insurance technology provider Quindell.
Australian insurer QBE reported a jump in profits for the first half of 2015, despite experiencing an increased number of catastrophe claims stemming from Australia and the Pacific, partly thanks to its reinsurance protection.
Loss-adjustor Cunningham Lindsey Ireland has appointed Gillian Cregan as chief executive officer (CEO).
UK-based Towergate Insurance has strengthened its Lloyd’s wholesale and retail advisory teams with a series of new hires.
In the latest of a number of changes in personnel, Bermuda-domiciled company Till Capital has announced that directors William Harris and Thomas Skimming have resigned from the Board of Directors with immediate effect.
The Australian Government is considering the potential of a cyclone reinsurance pool or a mutual cyclone insurer as it seeks to reduce home, contents and strata insurance for cyclone-prone areas in Northern Australia.
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has expanded Mark Stephenson’s role to head of business development and market relationships for both commercial and specialty.
Pacific Life Re (Australia) has received regulatory approval from the Australian Prudential Regulatory Authority (APRA) to start writing life reinsurance business in Australia.
The recent explosions at a chemical warehouse in Tianjin could cost Chinese insurance companies $1.5 billion, according to Fitch Ratings.
Broker Marsh has appointed David Marino as head of its US construction practice.