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Harnessing "big data" is proving essential for insurers seeking to maintain and increase market share and profitability, Fitch Ratings says. 16 March 2017
Insurance
UK-based general insurer RSA has appointed James Gearey as managing director (MD) for its Commercial Risk Solutions (CRS) unit with effect from June 2017. 16 March 2017
News
Specialist property/casualty reinsurer Greenlight Re Ireland, a subsidiary of Greenlight Capital Re, has promoted a former Liberty Insurance executive to the position of chief executive officer. 16 March 2017
Insurance
Profits at Generali remained stable in 2016 despite what the company called a challenging macroeconomic environment and low interest rates and while gross written premiums shrank slightly overall, the company property/casualty unit enjoyed some growth. 16 March 2017
News
Swiss Re has unveiled plans to return Sfr1 billion ($1 billion) of capital to shareholders via a share buyback scheme that will be completed before its next AGM in April 2018, as it struggles to find business opportunities that meet its objectives. 16 March 2017
Insurance
Underwriting in the European reinsurance market remains under pressure but there are signs that rate declines are reducing and pricing is beginning to stabilise in some markets, according to Fitch Ratings. 16 March 2017
News
Swiss Re has revealed it plans to make a number of changes to its board of directors at its AGM on April 21 this year. 16 March 2017
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
The number of completed mergers and acquisitions (M&A) in the global insurance industry fell to 387 in 2016, 13 percent down from the 444 transactions recorded in 2015, according to a new report. 16 March 2017
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has launched enhanced line of products and four new errors and omissions (E&O) forms to offer expanded business opportunities for brokers. 16 March 2017
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