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Insurance
Broker Willis Towers Watson has appointed Clyde Bernstein as the head of broking, Great Britain, for its corporate risk and broking division. 27 April 2017
Insurance
Disruptive Capital Investments, a £250 million fund controlled and managed by City financier Edi Truell, has acquired a majority stake in REG (UK), an online counterparty risk management platform for the UK general insurance market. 27 April 2017
Insurance
Axis Capital has seen its net income drop in the first quarter of 2017 as the reinsurance underwriting profit plummets. 27 April 2017
Insurance
Bermuda-based Aspen Insurance has reported a drop in net income for the first quarter of 2017 as underwriting profitability deteriorates. 27 April 2017
Insurance
Qatar Insurance Company (QIC), the insurance group that owns Qatar Re and Antares, enjoyed solid growth in the first quarter of 2017 driven by contributions from these reinsurance and speciality insurance subsidiaries specifically. 26 April 2017
Insurance
The performance of the reinsurance sector shows a clear trend of deterioration as the soft market squeezes profitability. While traditional reinsurers return capital to shareholders due to a lack of profitable business opportunities, alternative capital remains keen for opportunities to invest – potentially making the situation worse, suggests James Vickers, chairman of Willis Re International. 21 April 2017
Insurance
Amid concerns that artificial intelligence could result in job losses across the industry, re/insurers speaking at an Intelligent Insurer roundtable in London aimed to suppress some of those fears by highlighting the value of AI with tried and tested examples. 13 April 2017
Insurance
Allianz has expanded its high net worth insurance specialist subsidiary Home & Legacy with three appointments in the claims and technical units. 7 April 2017
News
SCOR Global Life has received the approval from the Financial Services Agency of Japan (FSA) to open a branch office in Tokyo, and conduct life and health reinsurance business in Japan. 4 April 2017
Insurance
Re/insurer QBE North America, a part of QBE Insurance Group, has appointed Jamie Luce as senior vice president (SVP) to lead the property/casualty commercial insurance business, and Julie Hespe as SVP, product leader. 4 April 2017
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