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Insurance
Loss adjuster McLarens has expanded its All-Ireland casualty team with the appointment of liability adjusters Ruairi McMullin and Eoin Hanratty in Dublin. 10 November 2017
Insurance
Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018. 19 February 2018
Insurance
Private equity firm JC Flowers said that it finalized the acquisition of UK General Insurance Group on May 24, following regulatory approval. 25 May 2017
Insurance
Insurer Chubb has appointed Lou Capparelli as executive vice president of its global casualty business unit within the company's North America major accounts division. 13 September 2017
Insurance
Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion. 24 September 2018
Insurance
Bermuda-based reinsurer Monument Re has acquired Robein Leven and its subsidiaries from Amerborgh Financial Services as part of its growth strategy in the Benelux region. 10 July 2018
Insurance
The Singapore Reinsurers’ Association (SRA) has re-elected Validus Re’s CEO of Asia Pacific and executive vice president Marc Haushofer as the chairman of its executive committee for another term. 14 June 2017
Insurance
The global insured losses from catastrophes in 2017 are estimated at $136 billion, according to Swiss Re’s sigma report estimates, well above the annual average of the previous 10 years, and the third highest since sigma records began in 1970. 20 December 2017
Insurance
The US property catastrophe rates are to increase between 5 percent and 10 percent in aggregate at the upcoming renewal periods, Moody’s said in a Dec. 18 report. 20 December 2017
News
Net written premiums dipped at TransRe in the second quarter of 2017 because of cancellations, non-renewals, the impact of rate pressures and increased retentions by cedants. But the reinsurer’s profits soared and the CEO of its parent company Alleghany Corporation praised its disciplined approach. 4 August 2017
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