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Insurance
Asta, a third party managing agent (MGA) at Lloyd’s, has promoted Clare Barley to chief risk officer (CRO) and Matthew Lane to chief information officer (CIO). 25 April 2016
Insurance
Specialist insurer Markel International has appointed Dillon Matthews as trade credit underwriter and senior risk analyst in Singapore to strengthen and broaden its Asia Pacific resources. 12 June 2017
Insurance
A surge in M&A and share buybacks could sweep Europe's insurance sector in 2017 with firms now considering both these options as a way to use surplus capital, according to a report by Moody's Investors Service. 12 June 2017
Insurance
American International Group (AIG) has appointed former Connecticut insurance commissioner Thomas Leonardi as executive vice president, government affairs, public policy and communications. 25 October 2017
Insurance
The increasingly bitter battle between Endurance Specialty and Aspen Insurance has taken a new turn with Endurance formally writing to Aspen’s shareholders asking them to vote in favour of a special general meeting that would pave the way for Endurance to buy the company. 30 June 2014
Insurance
The UK government’s new proposal for the personal injury Ogden discount rate could mean reserve releases for re/insurers of up to £2.5 billion, according to consultancy firm EY. 7 September 2017
Insurance
Swiss Re is cutting back its business not only in property/casualty (P&C) but also in its favoured corporate solutions segment as rates reach intolerable levels and waits for the operating environment to improve. 24 February 2017
Insurance
Twelve Capital, the independent investment manager specialising in insurance, has hired a new director within its portfolio management team who will have a principal concentration on catastrophe bond strategies. 9 May 2017
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
Fairfax Financial Holdings is to acquire QBE's insurance operations in the Czech Republic, Hungary and Slovakia. 16 December 2014
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