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Insurance
New York-headquartered Assurant is adding three members to its management committee to “accelerate decision-making across all of the company’s most critical businesses and to support its global growth strategy,” according to a corporate statement. 13 November 2018
Insurance
Bermuda-based Aspen expects to record an underwriting loss of approximately $245 million in the fourth quarter of 2017, according to a Jan. 25 press release. 26 January 2018
Insurance
Jardine Lloyd Thompson (JLT) has appointed Jim Pierce as chairman of its new US specialty business, JLT Specialty Insurance Services. 11 September 2014
Insurance
Genworth Financial and China Oceanwide Holdings have agreed to terminate their previously announced merger agreement and extended the previous deadline of November 30 to April 1, 2018, allowing for additional time for regulatory reviews of the transaction. 30 November 2017
Insurance
Allianz Insurance has appointed Dave Gill to the role of head of operations. 30 November 2017
Insurance
The use of robotic process automation (RPA) has the potential to become a greater disruptor to the industry than blockchain, the application of which in reinsurance will be limited, Artur Niemczewski, CEO of Pro Global, told Baden-Baden Today. 25 October 2017
Insurance
Bermuda-based Qatar Re is set to seize the moment to increase its exposure to the US as rates there recover following the nat cat losses in the third quarter, Luke Roden, chief underwriting officer, short tail classes and head of ceded re, told Baden-Baden Today. 25 October 2017
Alternative Risk Transfer
Three experienced ILS executives including one of the founders of Hiscox-owned Kiskadee Investment Managers and a former managing director of RenRe-owned DaVinci Reinsurance have formed a new hedge fund-backed ILS venture, according to a May 16 Reuters report. 17 May 2018
Insurance
Bermuda-based Fidelis Insurance has taken an equity stake in a new managing general agent (MGA) Aware Specialty, and will be providing underwriting capacity. 17 May 2018
Insurance
SCOR has reached an agreement concerning a cat excess of loss deal with the Iranian insurance regulator Bimeh Markazi Iran, the organisation said in a Sept. 29 press release. 2 October 2017
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