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Streamlined AIG doubles its profits

North America14-02-2014Insurance news

Boosted by strong earnings in the fourth quarter of 2013, American International Group (AIG) posted strong profits for 2013 more than doubling its net income for the year compared with 2012.

XL extends luxury cover in the US

North America14-02-2014Insurance news, Specialty

XL Group’s specialty businesses in the US are extending the coverage of equine, aviation, yacht, fine art, and kidnap, ransom & extortion for high net worth private customers.

AXA Assistance strengthens UK team

Europe13-02-2014Insurance news

AXA Assistance has promoted Eoin Lyons to chief operating officer from his role as general manager of AXA Assistance in Ireland. Former head of account management, Paul Moloney will assume Lyons’ vacated position, as well as the role of account director for key strategic AXA Assistance UK clients.

Kane boosts US team with two hires

Bermuda13-02-2014Insurance news

Insurance manager Kane has extended its US team with the appointment of Monica Everett as business development director and Hannah Hayes as business development associate.

Weisshorn Re appoints CEO

Europe13-02-2014Reinsurance News

Zurich-based reinsurer Weisshorn Re AG has appointed Patrick Kelleher as CEO and delegate to the board of directors. Kelleher has experience leading re/insurance businesses on an international scale and risk management experience across a range of life and non-life insurance businesses.

Guy Carp: California drought is very concerning

Asia Pacific, Europe, North America13-02-2014Insurance news, Property cat, Reinsurance News

As floods continue to ravage the UK, California faces the lowest precipitation in recorded history for the state which has already led to exceptionally severe drought conditions in the area according to Guy Carpenter.

Qatar Insurance enters Lloyd’s with Antares acquisition

Europe, MENA13-02-2014Insurance news

Qatar Insurance Company (QIC) is to acquire Antares Holdings, a specialist insurer and reinsurer operating in the Lloyd’s market

AlphaCat Managers appoints CFO

13-02-2014Property cat, Reinsurance News

AlphaCat Managers, the ILS investment adviser that is a subsidiary of Validus Holdings, has appointed Jo Anne Stanton as senior vice president and chief financial officer of AlphaCat.

Lancashire stable after year of dramatic change

13-02-2014Insurance news, Reinsurance News

In what its CEO described as a year containing the “most dramatic changes in our history” Lancashire Holdings reported broadly stable results for the full year 2013 with small decreases in its profits and premiums but an increase in its return on equity (ROE) for the year.

ANV appoints head for unified claims team

Europe12-02-2014Insurance news, Specialty

ANV Holdings BV, the Dutch headquartered specialty insurance business, has appointed Jonathan Thorpe as head of claims for all ANV Syndicates. He was formerly head of claims and legal counsel for Syndicates 5820 and 779.

Showing 16241 to 16250 of 17546 results

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