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Insurance
Broker Willis Towers Watson reported an attributable net loss of $54 million for the third quarter of 2017 after a net loss of $32 million in the same period a year ago. 2 November 2017
Insurance
Personal lines insurer The Allstate Corporation reported net income applicable to common shareholders of $637 million for the third quarter of 2017, up 29.7 percent compared to the same period of 2016. 2 November 2017
Insurance
The board of the Insurance Council of Australia (ICA) has appointed Richard Enthoven as president of the Insurance Council and chairman of the board, according to a Nov. 2 statement. 2 November 2017
Insurance
Specialty re/insurer Lancashire Holdings reported a net loss of $139.0 million for the third quarter compared to a net profit of $40.1 million in the same period a year ago. 2 November 2017
Insurance
AFL Insurance Brokers (AFL) is expanding its surety and trade credit capabilities with the appointment of Nathalie Gordon as director of surety. 2 November 2017
Insurance
UK-based RSA is experiencing “challenges in wholesale and international commercial markets from US and Caribbean cat activity,” according to a Nov. 2, 2017 trading update. 2 November 2017
Insurance
Insurers must not get wrapped up in the hype around technology and must instead ensure they innovate and invest in technology in a disciplined way, as Paul Mang, Aon’s global CEO of analytics, explains to SIRC Today. 1 November 2017
Insurance
Much of the focus at SIRC this week has been around renewals and capacity, and not enough attention has been given to the importance of the emergence of new technologies, which Tony Hobrow, CEO for Asia Pacific at VenturesOne, said will ultimately transform the insurance and reinsurance sectors. 1 November 2017
Insurance
Qatar Reinsurance Company has appointed Manik Sethi as chief executive of its Singapore branch. 1 November 2017
Insurance
Swiss Re has appointed Jason Richards as head of casualty reinsurance effective Nov. 1, 2017. 1 November 2017
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