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Insurance
US-based property/casualty insurer The Hanover estimates the impact of catastrophe activity to be in the range of $66 million to $76 million before taxes in the first quarter of 2018. 17 April 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) Investment’s wholly owned subsidiary Accredited Surety & Casualty Company (Accredited) has closed a programme underwriting partnership with Atlas General Services Insurance. 31 July 2018
Insurance
Specialist insurer Hiscox has appointed Josh Nevin as chief operating officer (COO) for its US business unit. 28 June 2017
Insurance
Australian insurer IAG said on June 28 that a preliminary review of the financial year ending June 30, 2017, indicates reserve releases of at least 5 percent of net earned premium. 28 June 2017
Insurance
Suncorp subsidiary Vero Insurance has won the battle to acquire New Zealand-based general insurer Tower, beating Fairfax Financial's $144 million all-cash offer. 27 June 2017
Insurance
The Latin American insurance sector shrank by 3.7 percent year-on-year in 2016 following the depreciation of most of the region’s currencies, according to the latest annual study on the Latin American insurance market. 27 June 2017
Insurance
JLT Speciality Insurance Services, a US subsidiary of Jardine Lloyd Thompson, has appointed André Eichenholtz as senior vice president, leader of US private equity due diligence and specialty services. 12 March 2015
Insurance
Specialty re/insurer Lancashire Holdings reported a net loss of $139.0 million for the third quarter compared to a net profit of $40.1 million in the same period a year ago. 2 November 2017
Insurance
Mitsui Sumitomo at Lloyd’s, the UK non-life insurer, has appointed two underwriters as its Syndicate 3210 seeks to diversify products and distribution. 7 August 2013
Alternative Risk Transfer
AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” to Bermuda-based Vermeer Reinsurance, a property catastrophe reinsurer that has recently been launched by RenaissanceRe and Dutch pension fund manager PGGM. 20 December 2018
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