News
Insurance
CAC Specialty has appointed Colin Daly to co-lead of its Financial Lines Practice (FLP) as he takes up the post of executive vice president. 27 August 2019
Insurance
International General Insurance (IGI) has reported a rise in net profits and gross written premiums (GWP) as vice chairman and CEO Wasef Jabsheh pointed to the insurance market being in a “healthier position than it has been for a long time”. 27 August 2019
Insurance
Provider of commercial, contract, and international surety bonds Argo Surety has unveiled an increased Treasury listing capacity that means it can consider single bonds up to $100 million. 27 August 2019
Insurance
The Association of Bermuda Insurers and Reinsurers (ABIR) has appointed Wendy King as public policy and regulatory affairs analyst, and promoted Suzanne Williams-Charles, director of policy and regulation, with additional responsibilities as ABIR corporate secretary. 23 August 2019
Insurance
German insurer Allianz is acquiring the automobile and other property/casualty operations of Brazilian insurer SulAmérica for R$3 billion (€667 million), in a move it hopes will strengthen its competitive position in Latin America. 23 August 2019
Insurance
Property/casualty insurer Chubb has launched a new platform designed for middle market manufacturers as they embrace new technologies and processes to remain competitive. 23 August 2019
Insurance
The board of specialist insurer Markel has approved a new $300 million share buyback scheme to begin immediately. 23 August 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired three new members for its financial lines private company/not‐for‐profit group. 23 August 2019
Insurance
Motor claims payout inflation in the UK surged by 8.6 percent in 2018, representing the fourth year of consecutive increases, which combine with further rises in 2019 has increased the pressure on premiums, a benchmarking study found. 23 August 2019
Insurance
US insurance brokerage and risk management firm Risk Strategies has expanded its presence in the Southeast US with the acquisition of National Insurance Consulting Group (NICG). 23 August 2019
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