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Insurance
ProTucket Insurance Company has been launched in the US for providing run-off portfolio transfer solutions, the first of its kind in the US, according to the company. 29 March 2017
Insurance
Property and casualty insurer Chubb has promoted Steve Parry to the role of director of claims for Europe and Eurasia and Africa, succeeding Peter Murray, who is retiring this year. 2 February 2017
Insurance
The overall cost to insurers and reinsurers of the UK’s change in the personal injury Ogden discount rate is estimated at £3.5 billion across all lines of business, according to advisory firm EY. 16 June 2017
Insurance
Cooper Gay Swett & Crawford (CGSC) has appointed Ulisses Soares as chief executive officer (CEO) for the Latin America region. 31 March 2015
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has agreed to acquire the renewal rights to Canopius Underwriting Bermuda's (Sompo Canopius) excess casualty insurance book of business. The transaction is expected to close mid-year. 24 April 2017
Insurance
Hong Kong is losing re/insurance business particularly to Singapore and hopes for growth in ILS (insurance-linked securities). 8 March 2017
Insurance
The establishment of a Lloyd’s branch in India is being followed by intense activity among syndicates keen to increase their exposure to the country, according to law firm Clyde & Co. 7 March 2017
Insurance
Motor re/insurers face a material one-off reserving hit due to the UK’s Ogden personal injury discount rate cut, hurting profitability, but ratings will remain unaffected, Moody's said. 7 March 2017
Insurance
The insurance industry worries that further levies could be included in the UK government 2017 Spring Budget to be published on March 8. 7 March 2017
Insurance
Cyber risk is increasingly becoming a worry for insurance companies as the industry accelerates the digitization of the business, according to a Boston Consulting Group (BCG) report. 7 March 2017
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