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Insurance
Property and casualty insurer Chubb has promoted Steve Parry to the role of director of claims for Europe and Eurasia and Africa, succeeding Peter Murray, who is retiring this year. 2 February 2017
Insurance
Property/casualty insurer The Hartford has entered into a definitive agreement to acquire Aetna's US group life and disability business for a cash consideration of $1.45 billion. 24 October 2017
Insurance
Arthur J. Gallagher (AJG) has appointed John Coldman to serve on the company's board of directors. 20 November 2014
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Mike Gosselin to the role of chief underwriting officer (CUO) for specialty. 9 February 2016
Insurance
Hong Kong is on the path to becoming a dedicated hub for mainland China’s reinsurance needs, Peak Re said in its July Peak Times issue. 31 July 2017
Insurance
Ironshore’s Pembroke Managing Agency has enhanced its directors and officers liability product for financial institutions to reflect changes to UK regulations. 8 April 2016
Insurance
The overall cost to insurers and reinsurers of the UK’s change in the personal injury Ogden discount rate is estimated at £3.5 billion across all lines of business, according to advisory firm EY. 16 June 2017
Insurance
Moving into China may provide considerable growth opportunities, but also creates a multitude of complex risks that require sophisticated insurance coverages, says Devadas Krishnadas managing director of Future-Moves, Southeast Asia’s first dedicated foresight consultancy. 20 March 2014
Insurance
Bermuda-based RenaissanceRe (RenRe) has reported that second quarter 2017 net income came to $171.1 million, an increase on the $136.3 million it made in the second quarter of 2016. 26 July 2017
Insurance
The re/insurance markets remain cyclical, with the industry operating on the very margins of profitability, a big catastrophic loss would adjust the balance of capital and underwriting opportunity, Alex Maloney, group chief executive of Lancashire, said in the company’s annual report. 14 March 2017
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