News
Insurance
Berkshire Hathaway Specialty Insurance has appointed Robert Romeo as vice president, claims, healthcare professional liability & construction lines. Romeo was previously senior vice president, claims, medical risk, construction and construction defect, at ACE. 10 December 2013
Insurance
S&P Global’s capital model data on its global reinsurer cohort shows a very significant capital buffer to absorb cat losses. But ratings could still fall following a bad cat year, as Stuart Shipperlee, head of analysis at Litmus Analysis, explained to PCI Today. 29 October 2018
Insurance
Adsensa, a developer of document intelligence solutions, has appointed Laurie Davison as its new chief executive officer (CEO). 4 February 2016
Insurance
Following the devastation caused by Hurricane Maria, 2017 catastrophe losses for the global insurance and reinsurance sectors will exceed $100 billion and could reach close to $190 billion on a pre-tax basis, according to Fitch Ratings. 27 September 2017
Insurance
US-based Markel Corporation has entered into a definitive agreement to acquire State National Companies, a specialty provider of property/casualty insurance operating in two niche markets - programmes services and lender services, for approximately $919 million. 27 July 2017
Awards
Reputation, client services, innovation and sheer size have all proved popular among the 2013 Global Awards Survey nominees but, as the survey enters its final week, raw talent remains one of the most important qualities cedants seek in their business partners. 26 June 2013
Insurance
Bermuda-based re/insurer Sompo International has appointed Victor Sordillo as senior vice president and loss control leader. 11 April 2017
Insurance
American International Group (AIG) has taken an $836m pre-tax reserve charge in commercial lines in the third quarter of 2017 that also resulted in the company increasing full-year loss estimates, surprising analysts who thought the casualty issues at the company had been addressed. 3 November 2017
News
The partnership between TransRe and Gen Re that will see the former help the latter access the broker markets in the US has been an “unqualified success” the CEO of TransRe’s parent company has stated in relation to the reinsurer’s second quarter results. 4 August 2017
Insurance
Insurance Australia Group (IAG) has renewed its catastrophe reinsurance programme for 2017 at a similar size to previous years but it has added an additional multi-year dimension to the coverage. 4 January 2017
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