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Insurers’ models will be scrutinised, Carney warns

Europe26-09-2014Insurance News, Reinsurance News

The Bank of England will hold insurers to close scrutiny in terms of the models they use to comply with regulations such as Solvency II, Mark Carney, the governor of the Bank of England, said in a speech this week.

EY welcomes Carney leadership scrutiny

Europe26-09-2014Insurance News, Reinsurance News

Some insurance industry practitioners have welcomed the announcement by Mark Carney, the governor of the Bank of England, that he intends to ensure senior members of insurers are held accountable for their actions.

QBE strengthens board with CFO

Asia Pacific25-09-2014Insurance News

QBE Insurance has appointed Pat Regan, who joined QBE in the role of group chief financial officer in June 2014, as an executive director.

Citizens ends hurricane assessments two years early

North America25-09-2014Insurance News

Citizens Property Insurance Corporation, the not-for-profit government entity created by the Florida Legislature, has ended policyholder assessments relating to the 2004-2005 hurricane season two years early.

Liberty Mutual lures XL exec

North America25-09-2014Insurance News

Liberty Mutual Insurance’s national accounts property operation has appointed C. Wesley Sellers as Southeast division manager.

Mapfre acquires Direct Line’s international operations

Europe25-09-2014Insurance News

Mapfre is set to acquire Direct Line’s international division, which comprises its Italian and German operations. The sale concludes the strategic review initiated earlier in 2014.

Gable strengthens Norwegian business

Europe25-09-2014Insurance News

European non-life insurance company Gable Holdings has strengthened its Norwegian business.

OAC breaks into takaful market

Asia Pacific, Europe25-09-2014Insurance News

OAC Actuaries and Consultants has launched a takaful compliant model for, its financial modelling software, as it looks to broaden its offering to include Islamic finance.

Websure hires former Xchanging exec

Europe25-09-2014Insurance News

Insurance systems provider Websure has appointed Mike Delahunty as senior business systems analyst.

AIG appoints UK sales head

Europe25-09-2014Insurance News

AIG has appointed Jeremy Sharpe to the post of head of sales, UK zone as part of a wider restructuring of its distribution function.

Showing 18121 to 18130 of 21159 results

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