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Insurance
XL Group has appointed Richard Jinks to establish a facilities centre of excellence, initially for XL’s international property and casualty (P&C) business. 15 October 2014
Insurance
Berkshire Hathaway’s $9.8 billion retroactive reinsurance deal with American International Group’s (AIG), revealed last week, is big enough to potentially jeopardize an underwriting profit in Warren Buffett’s reinsurer’s P&C operations for the first time. 26 January 2017
Insurance
Asian shipping has endured the coincidence of low freight rates, market consolidation, and the continued broader economic slowdown. Simon Saunders of Barbican Insurance Group discusses the implications of current conditions with SIRC Today. 30 October 2017
Insurance
Bermuda-based Endurance Specialty Holdings has seen a drop in its profits in the third quarter of the year to $43.6 million versus a profit of $68 million for the third quarter of 2014. 3 November 2015
Insurance
Multiline property and casualty insurer ACE has announced the leadership team it intends to appoint for the company’s North America field organisation. The appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. 10 September 2015
News
Despite strong economic headwinds and increased financial market volatility, the protection gaps that exist across Asia represent a significant opportunity for reinsurers that cannot be ignored, Moses Ojeisekhoba, chief executive officer of Reinsurance Asia, Swiss Re Asia, told SIRC Today. 1 November 2015
Insurance
Rating agency Standard & Poor’s (S&P) has removed Axis Capital and PartnerRe from credit watch negative and affirmed the pair’s ratings, with a stable outlook. 16 March 2015
Reinsurance
RGA Reinsurance has named Michael Casale as vice president, product management for automated underwriting and risk analysis (AURA), RGA’s electronic underwriting solution. 2 May 2014
News
Tatsuhiko Hoshina, the chief executive officer (CEO) of Tokio Millennium Re (TMR), has stepped down amid a reshuffle of the executive team. 1 April 2015
Insurance
Zurich Group’s Ken Norgrove has been appointed as CEO of RSA Insurance’s Irish unit following the resignation of Phillip Smith last year. Smith stepped down after the unit was investigated for accounting irregularities. 10 March 2014
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