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Insurance
Australia’s insurer Suncorp has reported natural hazards of A$395 million ($313.9 million) between July and December 2016, which is A$65 million above the allowance for the period, driven primarily by the Victorian hail storm. 15 February 2018
Insurance
US insurance giant AIG Group reduced its combined ratio from previous years’ ruinous levels, helped by lower catastrophe losses, and its reinsurance strategy. 4 November 2019
Insurance
Dutch insurance and asset management company NN Group's chief executive officer of international insurance, Robin Spencer is stepping down from his position, effective June 1, 2018. 12 March 2018
News
Peak Re’s recent expansion into the European market by opening an office in Zurich will not mean it will ignore either its roots in Asia or opportunities in other parts of the world, Franz Hahn, chief executive of Peak Re, told SIRC Today. 2 November 2015
Insurance
Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018. 9 August 2018
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey. 8 August 2018
Insurance
Beazley enjoyed solid growth in the first nine months of the year, partly driven by big increases in its property unit and average rate increases on renewal business of 3 percent; it also revealed it will cease underwriting construction and engineering business because of unsustainable rates in these sectors. 8 November 2018
Insurance
Ascot has revised its 2018 business plan to anticipate an increase in gross written premium of 23 percent against its original 2018 Plan – because of expected rate increases following heavy cat losses in the third quarter of this year. 15 November 2017
Insurance
The British Insurance Brokers’ Association (BIBA) has launched a new drone insurance scheme with specialist and corporate insurer Tokio Marine Kiln (TMK). 6 August 2018
Insurance
Bermuda-based Everest Re Group has named Jonathan Zaffino as the president and chief executive officer of the Everest Insurance division. 8 January 2018
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