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The four largest European reinsurers have maintained a presence in Africa for some time. Yet for new players moving in, despite all the opportunities and potential for diversification, many challenges still exist. Intelligent Insurer investigates. 5 February 2015
Insurance
Greenlight Capital Re recorded a $30 million net profit in the third quarter of 2016 compared with a net loss of $219.7 million for the same period of 2015. Nevertheless, ratings agency AM Best downgraded the financial strength rating of Greenlight Reinsurance citing underwriting weaknesses. 4 November 2016
Insurance
Charles Taylor Adjusting (CTA) has appointed Richard Booker as a senior executive adjuster specialising in property and casualty claims and onshore energy losses. 15 September 2014
Insurance
The Chinese motor insurance industry faces imminent risks of further deregulation in commercial (i.e. non-mandatory) motor insurance premiums, in addition to competitive pressure. 30 June 2014
Insurance
Robert Terry, the chairman of insurance technology firm Quindell has resigned from the board. 18 November 2014
Insurance
Ace has hired Marcel Van Peenen as regional professional indemnity manager for Asia. 20 January 2015
Insurance
Insurers have welcomed the investments included in Chancellor Philip Hammond’s Spring Budget announced today,March 8, 2017, but the Insurance Premium Tax remains an issue for the industry. 8 March 2017
Insurance
Liberty Mutual Insurance’s specialty excess casualty operation has appointed Keith Poopor as senior underwriting manager for excess casualty in the Northeast. 29 May 2014
Insurance
Multiline property and casualty (P&C) insurer ACE has appointed Juan Andrade as executive vice president (EVP) of the new Chubb Group and president of the international non-life insurance division, which covers operations with both retail broker and wholesale market distribution. 28 September 2015
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Insurer ACE has launched a new division that consolidates its US and global casualty offerings to create ACE risk management global casualty. 11 September 2014
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