News
Insurance
Insurer ACE Group has made a series of appointments within its ACE global markets (AGM) and ACE overseas general (AOG) energy teams as it builds its presence across the world’s energy insurance markets. 2 September 2015
Insurance
Re/insurers are realising that pricing needs to adapt to the new risks presented by increasingly severe weather-related events, as Claudia Cordioli of Swiss Re explained to Baden-Baden Today. 22 October 2019
Insurance
New York-based property/casualty insurer AmTrust Financial Services has denied it was the subject of an investigation by the FBI in 2014 with respect to its accounting practices initiated by complaints made by short sellers, as alleged in a Wall Street Journal (WSJ) article dated April 11. 12 April 2017
Insurance
The UK government’s recent proposal to raise insurance premium tax (IPT) from 10 percent to 12 percent, as laid out in its Autumn Statement, has created a backlash within the insurance sector. 24 November 2016
Insurance
Net profits at Zurich Insurance Group dipped in the second quarter of 2016 thanks to lower realised capital gains and restructuring charges. But company’s operating profits improved markedly and the firm’s chief executive hailed the impact of changes the business has made. 11 August 2016
Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia. 13 October 2017
Insurance
Hawaii has been hit with strong winds and torrential rain as Hurricane Lane approaches the US state, causing flash flooding and landslides, according to an Aug. 24 BBC News report. 24 August 2018
Insurance
Broker Willis Towers Watson said on Aug. 21 that Michael Burwell has become its new chief financial officer (CFO). 21 August 2017
Insurance
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission. 25 July 2017
Insurance
Lloyd's underwriting syndicate DTW1991, which was established by Randall & Quilter Managing Agency (R&Q) in January 2013, has appointed John Cowell as senior underwriter, and Ed Colville as underwriter in its UK and international underwriting team. 25 July 2017
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