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Insurance
Flood Re, the UK Government's scheme to pool flood risk, has appointed Mark Hoban, the former financial secretary to the treasury, as its first chairman. 5 February 2015
News
American International Group (AIG) and Ascot have launched a new Bermuda-based reinsurance platform called AIG-Ascot Re. 2 October 2014
Insurance
Insurance losses stemming from severe weather in the US in June could cost insurers more than $500 million. 10 July 2015
Insurance
Reinsurers face three main challenges, in the view of Hannah Grant, head of reinsurance at Insurance Europe. These are significant regulatory changes, increases in extreme weather and growing market access problems. 14 September 2014
article
ERS has appointed Donna Willis as head of personal injury claims. She will report to claims director Peter Smith. 30 September 2014
Insurance
Multinational insurance firm American International Group (AIG) has reported a net loss of $183 million for the first quarter of 2016, compared to net income of $2.5 billion over the same period of 2015. 3 May 2016
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
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
As a convergence with the capital markets continues apace, Geraint Anderson, one-time bad boy of the investment banking world turned author, offers a stark warning of the culture of greed and excess that the reinsurance industry must avoid. 7 September 2016
Insurance
Swiss-based re/insurer Allied World posted a drop in profits and gross written premiums for the first quarter of 2015, driven by a decline in its reinsurance segment. 23 April 2015
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