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Insurance
QBE has appointed Andrew Broughton as executive general manager for corporate partners and direct in Australia, effective January 2017. 11 July 2016
Insurance
Typhoon Nepartak, which formed to the south of Guam, has rapidly strengthened, according to catastrophe modeling firm AIR Worldwide. 8 July 2016
Insurance
The International Union of Aerospace Insurers (IUAI) has appointed Chris Kunstadter as union president, taking over from Jeff Cassidy. 8 July 2016
Insurance
New regulations set to be introduced in Europe will boost demand for cyber insurance, and insurers which have already been operating in this space on the other side of the Atlantic look best placed to truly capitalise. Intelligent Insurer reports. 8 July 2016
Insurance
Aviva’s limited reliance on EU passporting of services and a robust balance sheet has prepared it well for the consequences of the United Kingdom’s exit from the European Union (EU), chief executive officer Mark Wilson said during the insurer’s capital markets day. 7 July 2016
Insurance
Hedge fund reinsurers (HFRs) have “lost momentum because of competitive pressures within the reinsurance market and the challenging investment environment,” according to S&P analysts. 7 July 2016
Insurance
The Managing General Agents’ Association (MGAA) has published a guide for its managing general agent (MGA) members providing practical advice and information on the implementation of the Insurance Act at their annual conference in London. 7 July 2016
Insurance
Nexus Underwriting Management (Nexus) is looking to acquire specialty niche MGA's in order to boost underwriting profit, according to executive chairman Colin Thompson. 6 July 2016
Insurance
Managing general agents (MGAs) have a responsibility to support continued sector growth and respond to the evolving insurance market with greater communication and transparency around their role, according to James Gerry, chair of the Managing General Agents’ Association (MGAA). 6 July 2016
Insurance
General Reinsurance Corporation (Gen Re) has entered into an initial five-year agreement with TransRe, which will act as exclusive underwriting manager on behalf of Gen Re for US and Canadian property and casualty treaty reinsurance business produced by brokers and intermediaries. 6 July 2016
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