News
Insurance
Structured reinsurance solutions drove impressive growth at Hannover Re across the first nine months of the year as it also confirmed that it anticipates a profit of more than €1 billion this year, even making allowance for a one-time charge from its life and health reinsurance business. But its CEO also warned on what he called sustained intense competition. 8 November 2018
News
Munich Re has reported a loss in its property/casualty reinsurance unit of €476 million due to high levels of natural catastrophes. 15 March 2018
News
Swiss Re plans to increase its regular dividend and authorise a new public share buy-back programme of up to Sfr1 billion ($1 billion) at its Annual General Meeting of shareholders set for April 20, 2018. 15 March 2018
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
Ratings agency AM Best has removed American International Group (AIG) from ‘under review with negative implications’ and affirmed its Long-Term Issuer Credit Rating (Long-Term ICR) after analysing recent actions taken by the US insurers. 24 May 2017
Insurance
US-based Prudential Retirement, a unit of Prudential Financial, has appointed Phil Waldeck as its new president and chief executive officer (CEO), with effect from June 5. 10 May 2017
Insurance
Neon has expanded its political violence team with the appointment of Greg McPhee as its head, effective October 1. 17 August 2016
Insurance
US-based CNA, a commercial insurance provider, has appointed Kevin Smith as president and chief operating officer (COO) for CNA Specialty. 10 May 2017
Insurance
Blend Insurance Solutions, a new Sydney-based Lloyd’s underwriting agency, has officially launched into the Australian market after securing an accident and health renewal rights deal with Beazley Underwriting. 24 May 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has expanded its professional and executive risks offering with five new appointments. 20 June 2017
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