News
Insurance
Specialty insurer RLI has appointed Robert Restrepo Jr to its board of directors, effective July 1. 22 June 2016
Insurance
Bermuda-based Qatar Insurance Company (QIC) continues expanding the business to become a “global top 50 insurance group” despite a challenging 2017. 24 January 2018
Insurance
White Mountains Insurance Group enjoyed a big increase in its revenues in the second quarter of 2018 mainly driven by the additional revenues of NSM Insurance HoldCo, an insurance programme administrator it acquired for $274 million, this year. But its overall profits deteriorated. 8 August 2018
Insurance
The capacity for the forthcoming Indian entity will be provided by Markel’s Syndicate 3000 at Lloyd’s and written through the Lloyd’s India platform, based in Mumbai. 24 July 2017
Insurance
The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best. 19 January 2018
Insurance
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential. 1 June 2017
Insurance
Gabi, which provides a free, online "personal insurance shopper," has raised $9.5 million in Series A funding, led by Canvas Ventures, to accelerate its nationwide expansion in the US in 2018. 22 February 2018
Insurance
Lloyd's of London specialist insurer Beazley has received authorisation from the Central Bank of Ireland to convert its Dublin-based reinsurance company into an insurance company permitted to transact business throughout the European Union. 13 July 2017
Insurance
Risk management is no longer an isolated backroom function; it has become more of a core part of businesses and the expectations of risk professionals have risen as a result, Drew Hart, risk manager Europe for Marriott International, told Airmic Today. 3 June 2019
News
While reinsurance is facing challenging times in property/casualty (P&C), the environment for life & health reinsurance is looking increasingly attractive. 9 October 2017
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