News
Insurance
US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty. 26 May 2017
Insurance
A series of major wildfires burned across Northern and Southern California is anticipated to cause the insurance industry a multi-billion-dollar aggregated payout, according to Aon’s Impact Forecasting Cat Alert. 12 November 2018
Insurance
London-based commercial insurance broker Konsileo has raised £2.7 million in Series A funding from Belgravia-based technology investor Committed Capital. 16 April 2018
Insurance
Sompo Holdings said on Oct. 20 that its incurred losses from natural catastrophes in the third quarter of 2017 are estimated at ¥70 billion ($620 million) before taxes and that it is now reviewing its full-year earnings forecast. 20 October 2017
Insurance
Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018. 9 August 2018
Insurance
Barbican Insurance Group has bolstered its financial lines division with the addition of a class underwriter for directors & officers (D&O) liability insurance, joining the business from Standard Syndicate 1884. 13 March 2018
Insurance
US-based property/casualty firm Hanover Insurance Group has expanded its business in Pennsylvania to include personal lines insurance, and has appointed a group of independent agents in the Commonwealth to serve its growing customer base. 14 June 2017
Insurance
SCOR’s MutRé acquisition has resulted in a mark-up of the value of the investment by €26 million in the first quarter of 2018, allowing the reinsurer to beat the analysts’ consensus by 24 percent, according to a Jefferies analyst note. 30 April 2018
Insurance
American International Group (AIG) has expanded its presence in the pension risk transfer market after reaching agreements on the two largest plan termination transactions of 2017. 29 May 2018
Insurance
Broker Aon has recorded organic revenue growth in the reinsurance solutions business of 6 percent year on year in the first quarter of 2018 after 4 percent in the same period of 2017. 4 May 2018
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