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Insurance
Mutual insurer London Victoria (LV=) recorded an 81 percent fall in operating profit for 2016 due to the UK's personal injury Ogden discount rate change. 13 April 2017
News
MS Frontier Reinsurance has appointed Alexander Milberg as general manager of its Kuala Lumpur office. 5 July 2013
News
New solvency regulations coming into force in many Latin American countries will drive appetite for reinsurance, but the challenges of soft rates, slow GDP growth and economic volatility remain, Ingrid Carlou, chief executive of Patria Re, told Monte Carlo Today. 13 September 2015
Insurance
Property/casualty insurer Chubb has named John Watkins as senior vice president, head of casualty claims for its North America claims organisation. 1 June 2017
Insurance
The International Underwriting Association (IUA) has established a London Market group to examine the future impact of technology on underwriting. 31 October 2016
Insurance
New York-based insurance holding company AmTrust Financial Services has appointed Daniel Hickey as executive vice president of business strategy and business development. 19 July 2017
Insurance
The US property catastrophe rates are to increase between 5 percent and 10 percent in aggregate at the upcoming renewal periods, Moody’s said in a Dec. 18 report. 20 December 2017
Insurance
AXIS Re plans to fundamentally change its offering by becoming more client-focused, offering bespoke, structured, reinsurance deals and expanding its footprint in Asia. By doing this, and making other changes, it is targeting becoming a top 10 reinsurer, Steve Arora, chief executive of AXIS Re, told Monte Carlo Today. 11 September 2018
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
Insurer ACE has completed its acquisition of a 60.9 percent stake in Siam Commercial Samaggi Insurance, a general insurance company in Thailand, from Siam Commercial Bank. 29 April 2014
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