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Insurance
Growth in the reinsurance segment of Markel so far this year has been driven by new business in its mortgage product line and large quota share reinsurance treaties but tough market conditions make further growth this year unlikely, Richard Whitt III, co-chief executive officer of Markel Corporation, said in a conference call next week covering the company’s second quarter results. 12 August 2016
Insurance
The board of directors of insurance firm Unum Group has authorised the repurchase of up to $750 million of the company’s outstanding common stock through November 26 2017. 27 May 2016
Insurance
The current soft market creates a window of opportunity for underwriters keen to take control of their own destiny by setting up a managing general agent (MGA). That is the view of John Holm, executive director, MGA Investments for international business process outsourcing and professional services company Capita. 22 October 2014
Alternative Risk Transfer
Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes. 8 July 2019
Insurance
ANV Holdings has appointed a head underwriter to lead its new excess non-marine liability line. 17 October 2014
Insurance
Gibraltar wants to become a hub for insurance-linked securities (ILS) and Minister of Commerce Albert Isola is optimistic about the growth potential despite looming competition from the UK. 11 April 2017
Insurance
Stephen Catlin, the executive deputy chairman of XL Group, is retiring from the company at the end of 2017, the Bermuda-based re/insurer announced in a statement. 5 April 2017
News
Bermuda-based PartnerRe has announced that its CEO of property and casualty Tad Walker, and chief risk and actuarial officer Marvin Pestcoe are set to retire from the company at the end of first quarter 2018. 29 June 2017
Insurance
Insurer Chubb has made four appointments to its underwriting team in Middle East and North Africa (MENA) as it continues to build its insurance capabilities in the region. 3 April 2017
News
There is a continuing trend for negative credit condition in the global reinsurance sector, according to a new report from Standard & Poor's Ratings Services (S&P). 10 September 2015
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