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Insurance
French insurer AXA has posted a record net profit for 2017 as the health business boosts growth.   22 February 2018
Insurance
XL Catlin’s casualty team has taken the decision to withdraw from the UK and Ireland commercial motor fleet market.   21 February 2018
Insurance
Cayman Islands-based Greenlight Re reported a loss for the fourth quarter of 2017, driven primarily by reserve strengthening and an investment loss.   21 February 2018
Insurance
Zurich has launched a new initiative to drive innovation throughout the insurer, with a renewed focus on changing customer demand and needs, the company said in a Feb. 20 press release.   21 February 2018
Insurance
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition.   21 February 2018
Insurance
Specialist re/insurance broker BMS Group has formed a new energy division hiring three senior energy brokers from Price Forbes and Miller.   21 February 2018
Insurance
US-based programme administrator and managing general agency (MGA) V3 Insurance Partners has appointed former QBE executive Brian Janitschke as its chief operating officer.   21 February 2018
Insurance
UK's life and general insurance provider Legal & General (L&G) has partnered with US-based insurtech start-up Slice Labs to roll out ‘on-demand’ homeshare insurance.   19 February 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) has completed a transaction providing capital to support the reinsurance to close (RITC) of Hamilton Underwriting’s Syndicate 3334’s 2014 and prior years of account.   19 February 2018
Insurance
XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players.   14 February 2018

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