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Everest Insurance’s fine-tuning
Insurance
After several years of rapid growth in terms of its headcount and product offering, Everest Insurance North America, the specialty insurance operation of the Everest Re Group, has entered a period of fine-tuning the business and executing as the rewards of the expansion start to filter through, Mike Mulray, chief underwriting officer of the business, told PCI Today.   30 October 2018
Swiss Re’s Flood Toolkit grows
Insurance
An increase in losses from unmodelled non-catastrophe events has again illustrated the need for rate increases, Mohit Pande, head of US global property underwriting, Swiss Re, told PCI Today.   30 October 2018
Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019.   18 June 2018
Insurance
Zurich Insurance Group has entered into an agreement to acquire 19 Latin American traveller assistance providers operating under the Travel Ace and Universal Assistance brands.   12 March 2018
Insurance
The Nature Conservancy and the state government of Quintana Roo in Mexico have created a “Coastal Zone Management Trust” which will finance the first-ever parametric insurance policy covering a coral reef and the beach sand against the impact of hurricanes.   12 March 2018
Insurance
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed James Grayer as executive vice president of representations and warranty (R&W) insurance, based in New York.   18 April 2017
Insurance
For most traditional reinsurers a credit rating from one of the main agencies remains a business requirement. And in many markets that rating needs to be A- or higher, at least if the reinsurer is going to be shown the kind of business it really wants.   10 September 2018
Insurance
The new digital player that Allianz is creating in Europe is set to serve as an example of what the existing agent-based units could achieve if they modernize processes, CEO Oliver Bäte said during a Nov. 30 press conference.   30 November 2018
Risk Management
An insurance product to address reputational risk could soon be a reality, as Kasper Ulf Nielsen, chief strategy officer for The RepTrak Company, explains to Intelligent Insurer.   1 September 2020
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation.   5 September 2018

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