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French reinsurer SCOR is sitting on a pile of excess capital worth as much as €200 million and could end up with the same amount again if a reorganisation of its different legal entities goes to plan. 22 February 2017
Insurance
Profits dipped at SCOR in 2016 in what was an otherwise solid set of results for the French reinsurer, which continued to grow largely thanks to contributions from its Global Life unit while its Global P&C business also expanded its footprint in the US. 22 February 2017
Insurance
Net realised and unrealised gains on investments were the biggest influencing factor on PartnerRe's 2016 results, helping the reinsurer to a big increase in its profits as its book shrunk slightly. 22 February 2017
Insurance
UK insurance intermediary Towergate has appointed Colin Wallace as partnership director, reporting to retail chief executive officer (CEO) Steven Anson. 22 February 2017
Insurance
Bermuda-based Ironshore International has increased the capacity for its terrorism and sabotage offerings to $400 million from the current limit of $375 million, following the rise in such attacks worldwide. 22 February 2017
Insurance
Insurance broker NFP has acquired US-based McLaughlin & Smoak (M&S) employee benefits broker to expand its benefits footprint in the Southeast region. 22 February 2017
Insurance
ANV Global Services, the managing general underwriter (MGU) owned by insurance group AmTrust Financial Services, has appointed James Pittinger to the role of underwriting director with immediate effect. 22 February 2017
Insurance
Profits dipped at IAG Group in the first six months of its reporting cycle to December 31, 2016, but its CEO said that commercial pricing in Australia and New Zealand has passed the bottom of the cycle. 22 February 2017
Insurance
AXIS Insurance has appointed Julian Brown as vice president and underwriter, with the responsibility of leading growth initiatives and product development for the company's London Market managing general agency (MGA) unit. 21 February 2017
Insurance
Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market. 20 February 2017
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