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Insurance
XL Group has appointed Mike Smith as Southeast regional underwriting leader in its North America property insurance business. 24 November 2014
News
Indian reinsurer GIC Re, in collaboration with the Federation of Afro Asian Insurers and Reinsurers (FAIR), has launched a catastrophe reinsurance pool that will help insurers reinsure natural catastrophe exposures in the Afro Asian region. 23 September 2013
Insurance
Sirius International has recruited Chris Darbon to join its contingency team at the London underwriting centre. 1 July 2014
Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Alternative Risk Transfer
Non-life insurance-linked securities (ILS) capital hit new heights in 2015 as re/insurer interest and investor confidence continued to grow, according to a new report by global advisory, broking and solutions company, Willis Towers Watson. 20 January 2016
Insurance
Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey. 13 February 2017
Insurance
Markel Corporation’s net profits fell in the first quarter of 2016 and its combined ratio also increased driven, it said, by less favourable development of prior years’ loss reserves and a higher expense ratio. 4 May 2016
Insurance
The Irish insurance market is less prone to major natural catastrophe events than other property/casualty (P/C) insurance markets, according to a new report by S&P. 15 January 2016
Insurance
Clem Booth, formerly a senior executive with Allianz, Munich Re and Aon Re, has been appointed as non-executive chairman of DUAL, the underwriting arm of insurance group Hyperion. He will also become a non-executive director on the board of Hyperion. 5 October 2015
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