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Insurance
PartnerRe made a big loss in the third quarter of 2017 because of cat losses related to the hurricanes Harvey, Irma and Maria. But the company also enjoyed continued steady growth and said it anticipates improving pricing conditions. 17 November 2017
Insurance
Anne Waleski, executive vice president and chief financial officer (CFO) of Markel Corporation and its vice chairman Michael Crowley are set to step down from their current positions. 17 November 2017
Insurance
Losses from the California Wildfires will reach between $8 billion and $10.5 billion, according to risk modelling firm AIR Worldwide, which has now conducted a damage survey and acquired new information about policy terms, and a re-examined the replacement values of high-value homes within its industry exposure database (IED). 17 November 2017
Insurance
Verisk Analytics, a provider of property/casualty insurance risk information, has appointed Lee Shavel as executive vice president and chief financial officer (CFO). 17 November 2017
Insurance
Lycetts, a UK-based insurance broker and financial services provider, has appointed Charles Foster as its new chief executive officer. 17 November 2017
Insurance
Re/insurer XL Catlin has appointed Farzina Coladon as lead fine art and specie (FAS) underwriter in Canada. 16 November 2017
Insurance
London-based managing general agent (MGA) Pen Underwriting has extended its strategic relationship with re/insurer QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the area of hazardous goods and environmental industries. 16 November 2017
Insurance
China's decision to ease restrictions on foreign ownership of financial institutions will likely pave the way for foreign insurers, fund managers and securities to invest in or compete with China's firms. 16 November 2017
Insurance
Representative bodies including the Property Casualty Insurers Association of America (PCI) have welcomed a vote by the House of Representatives that will reauthorize the National Flood Insurance Program (NFIP) with some amends. 15 November 2017
Insurance
Property/casualty insurance technology provider Xceedance has made a multi-million dollar Series A equity investment in London-based blockchain specialist ChainThat. 15 November 2017
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