News
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction. 29 June 2018
Insurance
Life insurers should be more optimistic about the ability of the industry to keep up with rapidly changing technology. 24 June 2014
Insurance
American International Group (AIG) is set to acquire a controlling stake in NSM Insurance Group, through a non-operating holding company, NSM Investments. 17 March 2015
Insurance
Allianz Group achieved strong results in 2015 with its operating profit rising to €10.7 billion largely driven by a good fourth quarter. Its net income also increased to €6.6 billion compared with €6.2 billion a year earlier. 19 February 2016
Insurance
Flood Re, the UK Government’s scheme to pool flood risk, has invited insurers, brokers and software firms to test their processes for the reinsurance scheme before its launch in April 2016. 17 August 2015
Insurance
ACE Group has appointed Edwin Schleich to the new role of energy manager for Continental Europe as it continues to invest in building up its energy insurance capabilities across the region. 5 March 2014
Insurance
Solvency II ratio comparability is being hindered by insurers ability to use one or more methods to enhance their ratios, according to Moody’s. 18 March 2016
Insurance
Liberty Mutual Insurance’s national accounts property operation has appointed C. Wesley Sellers as Southeast division manager. 25 September 2014
Insurance
Guernsey-based provider of insurance and financial services Heritage Group has acquired a 40 percent stake in Aro Underwriting Group. 4 December 2014
News
French reinsurer SCOR posted a 35 percent rise in Q2 profits, benefiting from the low-loss environment. 31 July 2014
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