News
Insurance
Ken Lever, the chief executive officer of business technology and services provider Xchanging, has unveiled plans to retire at the end of 2015. 30 July 2015
Insurance
In June, Swiss reinsurance broker Reunion held its fourth annual round table discussion—this year in St Petersburg, Russia. The 2014 discussion focused on the coverage of engineering and construction risks in Russia. What follows is a snapshot of a part of the discussion which focused on construction and erection risks and delayed start-up coverage. 3 November 2015
Insurance
XL Group has appointed Matthew Huels into its surplus lines team as vice president and general liability line of business head. Based in Chicago, he joins from CoverX Specialty in Chicago where he served as vice president and Midwest primary casualty manager. He will report to Roxanne Mitchell, president of XL Group's Surplus Lines business. "To successfully serve hard-to-place risks that rely on the Surplus Lines market, you need intuitive, seasoned underwriters. That’s why we’re pleased to attract the underwriting talent that we do,” said Mitchell. 20 March 2013
Insurance
Property Claim Services (PCS), a division of Verisk Analytics, has launched a catastrophe loss estimate service in Turkey. 27 May 2015
Insurance
Aspen Insurance has responded to another attack on its performance made by Endurance yesterday (Thursday July 10) by issuing its preliminary financial results for the second quarter of 2014 and writing to shareholders refuting several of Endurance’s specific claims. 11 July 2014
Insurance
Insurance services firm Charles Taylor and private equity firm The Riverside Company have agreed to acquire a majority interest in the owner of Fadata. 23 July 2015
Insurance
The outcome of the Brexit referendum and of two major regulatory investigations are the key remaining uncertainties for UK life insurers in 2016 as the impact of Solvency II and new pension legislation have become clearer, according to a new report from Fitch Ratings. 19 April 2016
Insurance
LCL Acquisition, the subsidiary of Charles Taylor, has completed the sale of its holding in Bestpark International, an insurance company in run-off, to Ashbrooke Financial Group. 23 February 2016
Insurance
AXA has made a series of appointments to form a new management team that will support Thomas Buberl, the insurance firm’s incoming chief executive officer. 27 May 2016
News
The reinsurance industry is reaching a point where economics will prevent further significant price reductions. 18 February 2015
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