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Hannover Re has posted a profit for the third quarter despite large losses exceeding its budget in the third quarter of 2017 through an increase in investment income driven by the sale of its listed equity portfolio. 8 November 2017
Insurance
American International Group (AIG) has appointed Lex Baugh as CEO of North America General Insurance. 8 November 2017
Insurance
Switzerland-based Zurich Insurance Group has entered into a definitive agreement with Catalina Insurance Ireland to transfer its German legacy medical malpractice liabilities portfolio. 8 November 2017
Insurance
Bermuda-based PartnerRe has appointed Turab Hussain to the position of chief risk and actuarial officer. 8 November 2017
Insurance
The Financial Conduct Authority (FCA) has launched a market study to assess how competition is working in the wholesale insurance broker sector in the UK. 8 November 2017
Insurance
Insurance and investment firm Starr Companies which is headed by Maurice Greenberg, has discontinued underwriting new business through the Starr Singapore Underwriting Agents representing its Lloyds Syndicate 1919. 8 November 2017
Insurance
The Hanover Insurance Group has appointed Richard Lavey as president of Hanover Agency Markets, succeeding John Roche, who was recently named president and CEO of The Hanover. 8 November 2017
Insurance
Aon has named Jim Gloriod as CEO of its US Construction Services Group, responsible for the construction, power and the environmental practices. 8 November 2017
Insurance
Bitspark, a fintech company in Hong Kong developing money exchange technology and placement in the blockchain industry, has secured funding from RGAx, the innovation accelerator of Reinsurance Group of America. 7 November 2017
Insurance
Hiscox enjoyed strong growth in most parts of its portfolio in the first nine months of the year as it noted hardening rates – reaching up to 50 percent in loss-affected US property business – boosted the business. 7 November 2017
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