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Hamilton appoints internal audit head

North America06-05-2014Insurance News

Hamilton Insurance Group has appointed Keith Bernhard, formerly of Markel, as head of internal audit.

P/C cat losses contribute to Q1 profit decline at AIG

North America06-05-2014Insurance News

A mixture of higher catastrophe losses, unfavorable loss reserve development, and a decrease in net investment income in its property/casualty unit contributed to a slip in profits at American International Group (AIG) in the first quarter of 2014.

Reinsurance fluctuations hit Berkshire Hathaway Q1 profits

North America06-05-2014Insurance News, Reinsurance News

Fluctuations in the profitably of its reinsurance businesses contributed to a drop in earnings at Berkshire Hathaway’s first quarter results. Its unit Berkshire Hathaway Reinsurance Group in particular saw a severe fall in its pre-tax profits due to fluctuations in currency exchange rates and one off deals in the first quarter last year.

Greenlight battered by investment losses

North America06-05-2014Reinsurance News

Cayman based reinsurer Greenlight Capital Re’s profits fell in the first quarter as it faced damaging investment losses.

Markel appoints risk analyst from Equinox

Europe06-05-2014Insurance News

Markel International, the specialist insurer, has appointed Simon Philpin, formerly of Equinox Global, as underwriter and senior risk analyst in its trade credit division.

Argo growth driven by surplus lines

Bermuda06-05-2014Insurance News

Bermuda-based insurer Argo enjoyed solid growth and a rise in profits in the first quarter of 2014 with three of its four lines posting rises in gross written premium (GWP) during the period.

Optimum continues succession process

Europe06-05-2014Insurance News

The Optimum Group’s board of directors has made a number of changes to the executive management of the group, as part of the management team’s succession planning process, which began in 2009.

QBE appoints CIO from Aviva

Asia Pacific, Europe06-05-2014Insurance News

Insurer QBE has appointed Malc Simpkin, formerly of Aviva, as chief information officer (CIO).He will report to Joe Gordon, chief operations officer.

Lancashire appoints UK CEO & CUO

Europe06-05-2014Insurance News

Lancashire Holdings has appointed Paul Gregory as the chief executive officer of its London operation, Lancashire Insurance Company (LUK), and Hayley Johnston as chief underwriting officer.

Helios acquires Lloyd’s limited liability vehicle

Europe06-05-2014Insurance News

Helios Underwriting (HUW) has agreed to acquire a limited liability member of Lloyd’s (LLV) in line with its strategy of increasing underwriting capacity through acquisition.

Showing 17851 to 17860 of 19744 results

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