News
Insurance
US personal lines insurer Allstate Corporation said June 15 that it estimates catastrophe losses for the month of May 2017 at pre-tax $403 million and $262 million after-tax, driven by a severe hail event in Colorado. 16 June 2017
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner. 19 October 2018
Insurance
AXIS Capital is to acquire Lloyd's insurer Novae Group for £468 million ($604 million) in an all-cash deal based on paying 700 pence per Novae share. The transaction is expected to close in the fourth quarter of 2017. 6 July 2017
Insurance
Dutch insurer Delta Lloyd has announced that its chief financial officer (CFO) Clifford Abrahams is leaving the company to join ABN Amro Group. 16 May 2017
Insurance
Insurance firm Starr Companies has appointed Danielle Wilson as head of management liability, and Robert McTaggart as head of professional indemnity. 16 May 2017
Insurance
N Brown Group, a British home shopping retailer, said on July 13 that it identified "flaws" in certain general insurance products which were provided by a third party insurance underwriter and sold by the group to its customers between 2006 and 2014. 13 July 2017
Insurance
Louisiana-headquartered Fidelis Group Holdings (FGH) has hired Lynn Blaine to the position of assistant vice president. 14 June 2017
News
Munich Re reclaimed the No. 1 position from Swiss Re in AM Best’s 2018 annual ranking of the Top 50 Global Reinsurance groups. 5 September 2018
Insurance
The insured property losses caused by extra-tropical cyclone Egon have reached €234 million in a revised estimate by PERILS, the Zurich-based catastrophe insurance data provider. 12 April 2017
Insurance
Insurance broker Lockton has named Jeff Henningsen as president of its Houston property and casualty insurance operation. 9 June 2017
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