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Insurance
Bermuda-based RenaissanceRe Holdings reported a net loss attributable to shareholders of $3.5 million for the fourth quarter of 2017 but claims “strong execution at the January 1 renewals”. 1 February 2018
Insurance
US property/casualty (P&C) insurer Chubb has included a provisional tax benefit of $450 million in its fourth quarter 2017 results related to the 2017 US tax reform. 31 January 2018
Insurance
The rapid growth of cyber threats has created challenges for the insurance industry in developing underwriting talent, acquiring claims data, establishing modelling techniques and securing reinsurance capacity, according to the International Underwriting Association of London (IUA). 31 January 2018
Insurance
RLI, a specialty insurer serving property/casualty and surety markets, has elected David Duclos to its board of directors for a term expiring at RLI’s next shareholders’ meeting in May 2018, at which time he will stand for re-election. 9 May 2017
Insurance
Jardine Lloyd Thompson (JLT) has been granted a licence to cover all lines of insurance brokerage business in China. 6 June 2018
Insurance
The insurance industry in the midst of a customer-led revolution – and the players best equipped to adjust and put customers at the heart of what they do will be the ones that will prosper, Mario Greco, group chief executive of Zurich Insurance, wrote in his foreword in the insurer’s annual report for 2017. 9 March 2018
Insurance
The Chartered Insurance Institute (CII) has analysed all 192 insurers, intermediaries, service providers, financial advisors and loss adjusters in the UK who have published pay gap data, and identified an average gender pay gap of 24 percent (measured as median hourly difference). 16 July 2018
Insurance
European run-off insurance company DARAG has appointed Stuart Davies, the former group CEO of Sompo Canopius, as chairman of the group. 29 June 2017
Insurance
Bermuda-based property /casualty re/insurer Sompo International has unveiled plans to launch a new European specialty insurance underwriting operation in Barcelona run by two senior executives it has hired. 6 March 2018
Insurance
Specialist credit and political risk insurance brokers BPL Global and EIA Global have signed a memorandum of understanding (MoU) to form a joint venture insurance broking company in New York, focusing on global financial institutions. 11 October 2017
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