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Australia's QBE Insurance Group has announced that its group chief executive officer John Neal is stepping down after five years in the top position. 13 September 2017
Insurance
Insurer Chubb has appointed Lou Capparelli as executive vice president of its global casualty business unit within the company's North America major accounts division. 13 September 2017
Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
Barbican Managing Agency (Barbican) is continuing to consolidate its position in what it states is a rather challenging time for the market. 13 September 2017
Insurance
International General Insurance Holdings (IGI) is set for further steady growth as it prioritises profit over expanding too quickly, according to Waleed Jabsheh, president of IGI Bermuda and executive director of IGI UK. 13 September 2017
Insurance
Nexus Group is eyeing future M&A deals to diversify and strengthen its managing general agency (MGA) portfolio after its recent acquisition and rebrand of a reinsurance treaty MGA from ZON Re, which it renamed Nexus Re, founder and executive chairman Colin Thompson told Monte Carlo Today. 13 September 2017
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
The insurance market is increasingly looking towards managing general agents (MGAs) as it copes with a set of difficult trading conditions, according to two leading executives at Asta Managing Agency. 13 September 2017
Insurance
Assurant said on Sept. 11 that it expects pre-tax losses from Hurricane Irma to exceed its retention of $125 million pre-tax but that they will remain within the company’s comprehensive reinsurance program. 12 September 2017
Insurance
Property/casualty insurer Chubb said on Sept. 11 that it plans to establish its EU headquarters in France. 12 September 2017
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