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Insurance
Tokio Marine Holdings enjoyed an increase in revenues but its net profits fell in the first quarter of its financial year ending June 30, 2017, as it offered a positive outlook on the health of the main economies it operates in. 8 August 2017
Insurance
Zurich North America has appointed David Putz to lead its alternative markets division. He will assume the role currently held by Kathleen Savio, who will transition to Zurich North America CEO. 9 November 2017
Insurance
UK’s network for independent insurance brokers is extending its regional footprint with the acquisition of Lincolnshire-based Thompson & Richardson. 13 December 2017
News
The Reinsurance Association of America (RAA) has appointed Adam Kerns as vice president, State Relations. 4 May 2017
Insurance
Flood Re, a joint initiative between the UK government and insurers, has made key proposals that would see it work with insurers to help claimants “build back better” by permitting the payment of claims to include an additional amount for resilient or resistant repair, “above and beyond the original damage”. 8 July 2019
Insurance
Bermuda-based Everest Re reported a sharp drop in earnings for the second quarter of 2018 compared to the previous year primarily driven by the 2017 hurricane events – Harvey, Irma and Maria. 31 July 2018
News
PhilNaRe, the National Reinsurance Corporation of Philippines (NRCP), has confirmed that Jeffrey Lacson, its vice president and head of finance, has resigned from the company with effect from March 20. 16 March 2017
Insurance
‘Cat bonds are the first to be sponsored by the government of an Asian country.’ 25 November 2019
Insurance
Storm Herwart has caused insured losses of €250 million to German insurers, according to actuarial consultancy firm Meyerthole Siems Kohlruss. 3 November 2017
Insurance
ERS, the specialist motor insurer and Lloyd’s managing general agent (MGA) has reported a dip in its 2015 profits – down to £6 million, compared with £8.3 million in 2014. 19 February 2016
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