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Insurance
Property/casualty insurer Chubb has announced new management roles and promotions in the UK and Ireland to further build its presence in the middle market. 27 April 2017
Insurance
Bermuda-based Validus Holdings recorded a sharp drop in net income on lower underwriting income and a deteriorating combined ratio. 27 April 2017
Insurance
Specialty insurer Markel has seen its net income drop significantly in the first quarter of 2017 as the combined ratio jumped due to a reserve charge after the UK’s bodily injury Ogden discount rate change. 27 April 2017
Insurance
Insurance intermediary Towergate has managed the turnaround in 2016 while restructuring continues. 27 April 2017
Insurance
Syndicate Research Limited (SRL) downgraded the Continuity Opinion of Lloyd’s Syndicate 2001 due to its financial underperformance. 27 April 2017
Insurance
Commercial insurance brokers will need to have evolved into real business advisors for their small and medium-sized (SME) customers by 2027 or face extinction, warns a new report from the Chartered Insurance Institute (CII)’s Insurance Broking Faculty. 27 April 2017
Insurance
Chubb enjoyed a very profitable first quarter and strong growth aided by underwriting income generated by the property/casualty business leading to substantial underwriting income and improved investment returns. 26 April 2017
Insurance
The chief executive and director of Blue Capital Reinsurance Holdings, which is owned by Endurance, has resigned with immediate effect. 26 April 2017
Insurance
Arch Capital Group enjoyed improved profits and strong growth in the first quarter of 2017 mainly driven by the strong performance of its growing mortgage business. Its reinsurance unit shrank slightly. 26 April 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has appointed Stuart Sutherland as its new head of casualty. 26 April 2017
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