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Insurance
Broker Aon has appointed Goldman Sachs' Joel Sulkes as global financial institutions leader, based in New York. 28 August 2018
Insurance
Specialty re/insurer Argo Group International Holdings has appointed Marsh Duncan to serve as senior vice president US specialty programmes. 28 August 2018
Insurance
Allied World Assurance Company Holdings has appointed Yeo Meng Wong as senior vice president & general manager, Asia Pacific treaty reinsurance division. 28 August 2018
Insurance
The US property/casualty industry’s net underwriting income improved in the first half of 2018 to $5.3 billion, compared with a $5.0 billion underwriting loss in the same prior-year period, according to data by AM Best. 24 August 2018
Insurance
A Chinese court has rejected an appeal by Anbang Insurance Group’s former chairman Wu Xiaohui against a conviction for fundraising fraud and embezzlement that led to an 18-year jail sentence and confiscation of ¥10.5 billion ($1.52 billion), according to an Aug. 16 Reuters report. 17 August 2018
Insurance
Cyber insurance offerings and premium volumes have expanded sizeably and accumulation risks need to be addressed in the context of a hyperconnected digital world, the Geneva Association warns. 17 August 2018
Insurance
Aon has appointed Brian Wanat as chief broking officer of US commercial risk solutions. 17 August 2018
Insurance
ACORD, the global standards body for the insurance industry, has launched a toolkit to support the application of data standards for global reinsurance and large commercial risks 17 August 2018
Insurance
Heavy rainfall triggered flooding and landslides in the state of Kerala between August 8-16, causing an estimated preliminary economic loss of INR83 billion ($1.2 billion), but the figure is likely to rise, according to Aon’s Weekly Cat Report. 17 August 2018
Insurance
Continental Europe is ripe for an expansion of managing general agents (MGAs) and Ryan Specialty Group (RSG) is willing to take advantage of the growth potential for niche products in the region, Michael Rice, chairman and CEO of RSG Underwriting Managers (RSGUM), and Peter McKenna, CEO of RSG Europe, tell Intelligent Insurer. 17 August 2018
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