News

Insurance

Chubb moves Mitchell to succeed Robinson as UK & Ireland retail division president

Property/casualty insurer Chubb has appointed Sara Mitchell as division president for the UK and Ireland retail business.   11 April 2019

Insurance

XL Group strengthens marine team

XL Group has strengthened its marine team with the appointment of Bert Nelen as chief underwriting officer, Europe and Rod O’Malley as senior class underwriter, Cargo.   12 March 2014

Insurance

Everest Insurance promotes specialty, risk management leaders in US

Everest Insurance has promoted Mike Karmilowicz and Dave Sandler to president for specialty and risk management business segments.   28 September 2018

Insurance

Hyperion unit Tamesis Dual taps underwriting director from Hiscox

Tamesis Dual, part of the underwriting arm of the Hyperion Insurance Group, has appointed Ben Love as director of underwriting, based in London.   24 September 2018

Insurance

Liberty taps AXA Art exec to launch new business in Netherlands

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, will begin underwriting fine art and specie in the Netherlands with the appointment of Paul Seip as senior underwriter.   3 August 2017

Insurance

Stagnating interest rates to hit insurance growth across Europe

Interest rates are stagnating at relatively low levels across the Eurozone, impacting both life and non-life insurance industries, according to Mapfre and the adoption of accommodative monetary policy across the Eurozone is partly responsible.   11 February 2020

Insurance

FAA identifies further Boeing 737 Max software issues; delays return to service

The short-term future of the Boeing 737 Max is in limbo after the US regulator found an additional issue with flight software that it has asked the manufacturer to address.   28 June 2019

Insurance

Billion-dollar tornado losses must prompt insurers to better grasp flood risk: Aon

Some 250 tornadoes touched down in the US during April – the most for April since 2011 – a phenomenon that should invigorate insurers to redouble efforts to understand flood risk and further encourage insurance take-up to lower the protection gap, according to Aon.   14 May 2019

Insurance

Munich Re's ERGO sells Russian non-life business to RESO-Garantia as it refocuses

Munich Re's primary insurance unit ERGO Group is selling its non-life insurance business in Russia to RESO-Garantia as part of what it called an international portfolio optimisation strategy.   12 February 2019

Insurance

Insured loss estimates for Hurricane Dorian reach $5bn for US and Carribean, says cat modeller KCC

Catastrophe modelling firm Karen Clark & Company (KCC) has estimated that the total insured loss from Hurricane Dorian in the US and Caribbean will be close to $5 billion.   12 September 2019

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