News
Insurance
The property/casualty reinsurance sector will merge to end up in a similar structure as the global life reinsurance sector, SCOR CEO Denis Kessler said during a Nov. 6 S&P Global Ratings insurance conference in London. 6 November 2018
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Michael LaRocca as head property & specialty lines North America. 6 November 2018
Insurance
Willis Towers Watson enjoyed solid growth and a big turnaround in its profits in the third quarter of 2018, which increased to $85 million in the period, a big turnaround of 254 percent on the loss of $54 million it made in the same period the year before. 5 November 2018
Insurance
Miller Insurance Services has made a series of senior appointments to replace a group of four long-serving executives that are retiring at the end of 2018. 5 November 2018
Insurance
Re/insurer Hiscox enjoyed solid growth across all its lines of business, including its reinsurance book, in the first nine months of 2018 driven by a mixture of increased rates and new business. 5 November 2018
Insurance
Berkshire Hathaway’s insurance entities posted an underwriting profit of $441 million in the third quarter of 2018, a big turnaround on the same period a year earlier when they made a loss of $1.44 billion thanks to several large cat events. 5 November 2018
Insurance
Re/insurer QBE has unveiled plans to consolidate its Asian and European operations into a "large and better resourced" international division; it will also merger its Pacific business with its Australian & New Zealand operations. 5 November 2018
Insurance
Specialist insurer Markel International has created two new standalone divisions for marine and energy, and appointed Chris Fenn and Julian Samuel as managing directors of the businesses. 5 November 2018
Insurance
Cyber insurance and directors’ and officers’ (D&O) liability insurance go hand in hand now that company business models increasingly revolve around technology, according to a white paper published by Airmic with support from Marsh and AIG. 5 November 2018
Insurance
SOBC DARAG, a joint venture between US-based run-off specialist SOBC and European legacy acquirer DARAG, has acquired Florida-based Peachtree Casualty Insurance Company. 5 November 2018
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