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Showing 41 to 50 of 15257 results

Beazley expects $40m California wildfire hit

North America06-12-2018Insurance news, Property cat, Reinsurance News, Specialty

Specialty insurer Beazley expects the cost of claims arising from the 2018 California wildfires to be around $40 million, net of reinsurance.

Ed hires cat modelling specialist from Willis Re

London, UK06-12-2018Insurance news, Property cat, Reinsurance News

Reinsurance, wholesale and specialty broker Ed has hired Willis Re executive Jo Kendall as head of catastrophe and exposure management.

Prem Watsa’s Fairfax takeover of ITI Reinsurance blocked by regulator: Report

Asia Pacific, India06-12-2018Insurance news, Reinsurance News

The Insurance Regulatory Authority of India (IRDA) has rejected the proposal of Prem Watsa-owned Fairfax India Holdings to acquire India-based reinsurance firm ITI Reinsurance, according to a December 4 report by the Indian Express.

QBE sees trade credit cover demand surge in the UK

Europe, UK05-12-2018Insurance news, Reinsurance News, Specialty

Brexit uncertainty, mounting costs and increased competition are exposing British businesses to greater levels of trading risk which by turn is increasing demand for trade credit cover, according to QBE.

London Market needs EU equivalence regime change in Brexit deal: LMG

London Market, UK05-12-2018Insurance news, Reinsurance News

The UK government has recognised that the London Market does need to see significant changes to the EU equivalence regime but there are no equivalence frameworks for insurers under Solvency II or for brokers under the Insurance Distribution Directive, said Clare Lebecq, CEO of the London Market Group (LMG).

The Hartford expects up to $365m cat hit in Q4

North America05-12-2018Insurance news, Property cat, Reinsurance News

US-based property/casualty insurer The Hartford expects an impact of $350 million to $365 million pre-tax, primarily from the Camp Fire in northern California, in the fourth quarter of 2018.

MetLife Japan CEO Shah departure causes leadership reshuffle

EMEA, Japan05-12-2018Insurance news

Insurer MetLife has appointed new leaders for Japan and the EMEA region following the departure of Sachin Shah, chairman, president and CEO of MetLife Japan.

Zurich tackles commercial operations in North America

North America05-12-2018Insurance news

Zurich Insurance Group wants to improve the performance of its commercial insurance business in North America in order to lower the combined ratio of its overall operations in the region.

AIG appoints new Asia Pacific CEO from MetLife

Asia Pacific05-12-2018Insurance news, Reinsurance News

American International Group (AIG) has appointed Sachin Shah as chief executive officer (CEO) of Asia Pacific, AIG General Insurance.

AIG appoints Lyons as chief financial officer

North America05-12-2018Insurance news, Reinsurance News

American International Group (AIG) has appointed Mark Lyons as executive vice president and chief financial officer (CFO), succeeding Sid Sankaran.

Showing 41 to 50 of 15257 results

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