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Insurance
Shareholders representing 39 percent of the equity have voted against the continuation of the Blue Capital Alternative Income Fund at the annual general meeting and the company’s board is recommending an orderly run-off of the company. 11 May 2018
Insurance
Global insurance premiums increased 1.5 percent to nearly $5 trillion in 2017, after rising 2.2 percent in 2016, according to the annually published "world insurance" sigma report. It also revealed that global life premiums increased 0.5 percent in 2017, while global non-life premiums rose 2.8 percent. Growth in both the life and non-life sectors slowed. 5 July 2018
News
US property/casualty insurer Spinnaker has selected reinsurance broking and risk/capital management firm TigerRisk Partners’ TigerEye platform to structure its overarching corporate reinsurance portfolio and support its existing underwriting strategy, particularly for managing catastrophe exposures. 14 August 2017
Insurance
The Central Bank of Ireland has fined PartnerRe Ireland Insurance and Partner Reinsurance Europe a combined €1.5 million. 22 August 2018
Insurance
New York-based AmTrust Financial Services reported a net income increase to $675.9 million in the first quarter of 2018 compared to $50.2 million in the same period a year ago. 11 May 2018
Insurance
The New York State Department of Financial Services (DFS) has fined Chubb and Lockton a combined $8.3 million for underwriting an NRA- (National Rifle Association) branded insurance programme. 8 May 2018
Insurance
MAI CEE, an independent insurance broker in Central and Eastern Europe, has appointed Ewelina Jaworska as group employee benefits leader. 8 November 2017
Insurance
A hypothetical magnitude 7.0 earthquake epicentered in Oakland would damage more than a million homes and less than 10 percent of total residential losses would be insured because of a low residential earthquake insurance take-up in the Bay Area, according to a scenario developed by the US Geological Survey (USGS). 19 April 2018
News
PartnerRe has appointed Dorothée Burkel to the new position of chief corporate and people operations officer, with effect from October. 14 July 2017
Insurance
Mapfre CEO Antonio Huertas has acknowledged that the company “could have done better” in 2018 at the company's annual general meeting for shareholders in Madrid on Friday 8 March. 11 March 2019
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