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Insurance
Re/insurer QBE North America, a part of QBE Insurance Group, has appointed Jamie Luce as senior vice president (SVP) to lead the property/casualty commercial insurance business, and Julie Hespe as SVP, product leader. 4 April 2017
Insurance
The Blockchain Insurance Industry Initiative (B3i) is to build its applications and business network on the Corda blockchain platform, which is developed by software firm R3. 20 June 2018
Insurance
Rating agency AM Best has withdrawn its ratings of Lloyd’s Syndicate 1225, which is managed by AEGIS Managing Agency, at the firm's request. 4 June 2018
Insurance
Florida-based homeowners’ insurer HCI reduced reinsurance purchases in the first quarter of 2017, boosting profits while price increases caused premium drop. 5 May 2017
Insurance
Ironshore, a Liberty Mutual Company, has appointed Kristin McMahon as head of global claims. 23 November 2017
Insurance
Property/casualty (P&C) CEO bonus payments increased to 393 percent of salary in 2017 from 225 percent of salary in 2016, according to a study by consulting firm Compensation Advisory Partners (CAP). 20 June 2018
Insurance
Hawaii has been hit with strong winds and torrential rain as Hurricane Lane approaches the US state, causing flash flooding and landslides, according to an Aug. 24 BBC News report. 24 August 2018
Events
Recent natural catastrophe events including those in Japan will probably have wiped out all the reinsurance premium in the market, Matthew Wilken, deputy head of global reinsurance at Argo Group, told Baden-Baden Today. 24 October 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Andrew Beechey to the new role of head of underwriting and strategic development for global financial risks. 22 November 2017
News
Bermuda-based property/casualty reinsurer Third Point Re has reported a profit in the first quarter of 2017 after a loss in the same period a year ago due to significant improvements in investment returns. 5 May 2017
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