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Insurance
Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has appointed Steve Zonca as CEO of its US-based operating subsidiaries. 12 October 2018
Insurance
The sale of National Bank of Greece’s (NBG’s) 75 percent holdings in subsidiary Ethniki General Insurance to EXIN Financial Services Holding fell through, driving NBG to seek alternative options for the insurance unit. 29 March 2018
Insurance
US-based property/casualty insurer Hanover Insurance Group has appointed Frank Baron as president of alternative markets, a newly formed business unit within the company's domestic specialty group. 1 June 2018
Insurance
The blockchain insurance industry initiative B3i is finalising a funding round as it plans to target the commercial insurance market. 23 November 2018
Insurance
Bermuda-based re/insurer Sirius Group has named Kernan Oberting as its new chief executive officer (CEO), and Ralph Salamone as chief financial officer (CFO), starting from February 9 2019. 5 February 2019
Insurance
State Farm and Farmers Insurance Group of Companies have the highest wildfire exposure in California where the Camp Fire and the Woolsey Fire are set to cause significant losses for insurers and reinsurers. 19 November 2018
Insurance
Swiss Re has appointed Russell Higginbotham as CEO reinsurance EMEA effective Sept. 1, 2018, replacing Jean-Jacques Henchoz. 23 August 2018
Insurance
Barbican Syndicate 1955 has received the Lloyd’s approval for its 2019 business plan which includes a withdrawal from property insurance, marine cargo and hull insurance, and professional indemnity (PI) insurance. 8 November 2018
Insurance
Munich Re has increased premium volume by 8.1 percent year on year in the April 1, 2018 renewals to around €1.6 billion as the reinsurer took advantage of opportunities in India and Japan. 8 May 2018
Insurance
Bermuda-based Enstar Group has entered into a five year unsecured $600 million revolving credit facility with a group of lenders to fund acquisitions as well as for “general purposes.” 22 August 2018
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