News
Insurance
Aspen’s second quarter 2017 results showed that the company made a profit of $75.8 million for the period, up on the $64.9 million it made in the same quarter of 2016. 27 July 2017
Insurance
Lancashire Holdings has announced that it made a net operating profit of $30.9 million over the second quarter of 2017, an improvement over the $25.6 million it made in the same period of 2016. 27 July 2017
Insurance
With implementation of the European General Data Protection Regulation looming, companies could be faced with hefty penalties should they not meet the new data security demands. Many firms are unprepared but there is also the possibility the fines could be insured, meaning this is now a double-edged sword for insurers. Intelligent Insurer investigates. 27 July 2017
Insurance
US-based Markel Corporation has entered into a definitive agreement to acquire State National Companies, a specialty provider of property/casualty insurance operating in two niche markets - programmes services and lender services, for approximately $919 million. 27 July 2017
Insurance
Chubb’s net income for the second quarter of 2017 came to $1.3 billion, a 79.6 percent increase on the $726 million it made in the same period of 2016. 26 July 2017
Insurance
UK general insurer Allianz has appointed John Berry to the role of director of underwriting and technical, personal lines. 25 July 2017
Insurance
Lloyd's underwriting syndicate DTW1991, which was established by Randall & Quilter Managing Agency (R&Q) in January 2013, has appointed John Cowell as senior underwriter, and Ed Colville as underwriter in its UK and international underwriting team. 25 July 2017
Insurance
Australian insurer IAG has hired Mark Drasutis as chief digital officer to lead its digital strategy and team. 25 July 2017
Insurance
Bermuda-based Sirius Group has strengthened its casualty reinsurance platform established last year with the addition of Erik Soria as vice president, casualty. 25 July 2017
Insurance
Re/insurance broker Beach has appointed Julian Goldberg as senior vice president, based in its London office. 25 July 2017
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