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Insurance
Re/insurer XL Catlin has promoted Jay Lefkowitz to president of its global risk management business in North America. 15 December 2017
Insurance
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016. 15 December 2017
Insurance
Netherland-based insurance group Aegon has elected William Connelly as the next chairman of its supervisory board as Robert Routs decided to step down at the next annual general meeting of shareholders (AGM) in May 2018. 15 December 2017
News
French reinsurer SCOR has come out relatively unscathed from the record nat cat losses in the third quarter and is expected to be in a good position to take advantage of rising rates in the impacted region. 13 December 2017
Insurance
RenaissanceRe Holdings and Validus Holdings registered the highest combined ratios in the first nine months of 2017, according to Fitch Ratings. 12 December 2017
News
The significant third quarter 2017 catastrophe losses will push the global reinsurance sector to an underwriting loss for the year, according to Fitch Ratings. 8 December 2017
Insurance
California wildfires in October 2017 have triggered total insured losses that top $9.4 billion in residential and commercial claims two months after the event, according to the California Department of Insurance. 7 December 2017
Insurance
Specialty re/insurer Brit is relocating its Gibraltar based reinsurer to Bermuda as part of its long-term strategy. 7 December 2017
Insurance
Renewable energy insurer GCube Underwriting has secured a new underwriting facility for the Middle Eastern clean energy markets led by Bahrain-based reinsurer Trust Re. 7 December 2017
Insurance
Bermuda-based XL Group estimated the net losses from natural catastrophes for the fourth quarter through Dec. 1, 2017 at approximately $250 million. 7 December 2017
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