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Insurance
The outlook for the Korean life industry remains stable, backed by strong capitalisation and a stable investment mix, despite ongoing profitability challenges, according to rating agency Moody’s. 27 May 2014
Insurance
Heritage Insurance Holdings, a property and casualty insurance holding company, has set the price of its initial public offering of 6,000,000 shares at a price of $11 per share. 23 May 2014
Insurance
AIG Advisor Group, one of the largest networks of independent broker-dealers in the US, has appointed Allison Couch to the newly created role of executive vice president, national sales. 23 May 2014
Insurance
The International Insurance Society has launched a service designed to monitor the performance of insurance stocks globally. 22 May 2014
Insurance
A combination of new entrants and more capacity committed by existing players has contributed to increased competition and pressure on rates in the upstream energy market, according to broker JLT. 21 May 2014
News
French reinsurer SCOR has established a new unit which will centralise and widen its activities in alternative and hybrid reinsurance solutions and which will also incorporate its insurance-linked securities (ILS) activities. 21 May 2014
Insurance
Tower Group International has failed to comply with listing requirements on the Nasdaq. 19 May 2014
News
Bermuda-based Everest Re has appointed Gerri Losquadro to its board of directors. Losquadro recently retired as senior vice president and head of global business services at Marsh & McLennan Companies. 19 May 2014
Insurance
Broker Miller has strengthened its non-marine reinsurance team with the appointment of Tim Mullis to its accident and health treaty reinsurance business. 15 May 2014
Insurance
The research division of investment bank Citi has identified insurance securitisation and the use of alternative capital in reinsurance as one of ten disruptive innovations with the potential to fundamentally change the markets they apply to. 12 May 2014
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