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Both profits and growth dipped at Italian insurer Generali in the first quarter as the company blamed a more disciplined underwriting approach in its life business and a lower investment result due to its policy of reducing realised gains. 11 May 2017
News
Reinsurance broker and consultant JLT Re has appointed Graham Barden and Jon Warner to its aviation team as partners, based in its London office. 11 May 2017
Insurance
Insurance broker Charles Monat Associates (CMA), which has a prominent presence in Asia, has agreed to a management buyout (MBO) to acquire 100 percent of the global wealth solutions business of Willis Towers Watson. 11 May 2017
Insurance
Major broker Aon has appointed Jason Hogg as leader of cyber solutions and as CEO of Stroz Friedberg. 10 May 2017
Insurance
Bermuda-based mortgage insurance provider Essent Group has announced that Adolfo Marzol has resigned from its board of directors. 10 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has teamed up with Managing General Agents’ Association (MGAA) to support the UK’s delegated underwriting network. 10 May 2017
Insurance
As more insurers regard the use of run-off as a mainstream strategic tool, so investors have responded—backing the launch and growth of specialist consolidators geared up to buying and managing portfolios of business in run-off. Intelligent Insurer reports. 10 May 2017
Insurance
At the start of 2017 Premia Holdings, a company dedicated to the run-off market, was founded on Bermuda with $500 million of capital—a deal that represented one of the biggest capital raisings in the sector. In an interview first published in sister publication Bermuda:Re+ILS, CEO Bill O’Farrell explains why he expects fast growth in the run-off sector. 10 May 2017
Insurance
London-based Barbican Insurance Group has appointed Jacqueline Wiffen as a class underwriter for upstream energy. She will report to Olivier Decombes, divisional head of energy, power and utilities. 10 May 2017
Insurance
Amid the rapid growth of the run-off market and its changing nature in recent years, some industry practitioners like to predict what the future may hold for the development of this sector. We collated some of these predictions for 2017. 10 May 2017
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