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Munich Re has revealed it plans to buy back up to €1 billion of its own shares by April 2018, as it struggles to find profitable opportunities in what its chairman, who steps down in April this year, said will remain a challenging environment. 15 March 2017
Insurance
Lloyd’s has appointed Daniel Revilla as head of Latin America. He will be responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market. 14 October 2016
Insurance
ACE has appointed Mojgan Khoshabi as regional managing director for ACE in the Middle East and North Africa (MENA). 8 June 2015
Insurance
A number of Lloyd’s Syndicates and high-profile reinsurers including Allied World, Amlin, Aspen, Hannover Re, Munich Re and PartnerRe could face claims as a result of the fire that has engulfed a 24-storey block of flats in London today (Wednesday June 14). 14 June 2017
Insurance
Towergate Underwriting has formed a Speciality London Markets underwriting division. 25 May 2016
Insurance
Trump Administration’s proposed spending cuts to the Federal Emergency Management Agency (FEMA) would put lives, property and taxpayer dollars at risk, according to SmarterSafer. 17 March 2017
Insurance
London market insurers performed well in the first half of 2016 and entered the second half of the year with strong balance sheets. But recent good performance conceals fundamental challenges to the market’s competitive position and prospective profitability, AM Best has said in a report. 6 September 2016
News
After a hectic 2015, Ingrid Carlou, director general and chief executive officer of Patria Re, believes that 2016 will be a year of consolidating the growth the company achieved last year and continuing to build its footprint on the global stage. 19 April 2016
Insurance
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics. 5 October 2017
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has entered the agricultural sector as part of its strategy to provide a growing range of specialist sector-based products for the UK small and medium enterprises market. 13 July 2015
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