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Having endured the heavy losses of 2017, reinsurers should enjoy an improvement in profits in 2018 as rates improve and cat losses return to normal levels, according to Fitch Ratings. 4 May 2018
Insurance
The need for businesses to have chief risk officers (CROs) as a single person to oversee all aspects of risk is greater than ever, says a new report from Airmic and international consultants Oliver Wyman with support from Marsh. 12 June 2018
News
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has created a global contingency and sports personal accident (PA) team, and appointed Jonathan Cole to head up the unit. 17 August 2017
Insurance
Lloyd's coverholder Pulse Insurance, a specialist provider of non-standard and impaired life cover, has launched its new specialty unit in London. 17 August 2017
Insurance
The Hartford, a US-based property/casualty (P&C) insurance firm, has named David Firstenberg as chief underwriting officer for its P&C businesses, reporting to president Doug Elliot. 26 May 2017
Insurance
Delta Insurance Singapore, which describes itself as the first cyber, technology and financial lines Lloyd’s Coverholder in Singapore, has opened for business. 4 July 2017
Insurance
Italian insurance group Generali has increased operating results in its property/casualty (P&C) segment by 14.1 percent year on year to €528 million in the first quarter of 2018 due to improvements in the non-catastrophe loss ratio. 4 May 2018
Insurance
AXIS Insurance, a part of AXIS Capital Holdings, has hired an executive from Zurich North America to implement advanced data and analytics capabilities. 19 June 2017
Insurance
Hong Kong-based Peak Reinsurance Company has been granted approval by the Labuan Financial Services Authority to carry on general reinsurance business in and through the Labuan insurance market. 13 June 2017
Insurance
Claims management firm Cunningham Lindsey has appointed Stephen Foster as marine technical director in the UK. Foster replaces Ray Saunders, who is retiring at the end of the year. 10 July 2017
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