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Insurance
When Gable Insurance went into administration, its chief executive blamed, in part, the pressures of Solvency II compliance. But experts are now warning that Gable could become the tip of the iceberg as many other smaller insurers in Europe struggle with the onerous demands of the new regime – and it will only be a matter of time before more casualties follow. 2 December 2016
Insurance
The British Insurance Brokers' Association (BIBA) has extended the tenure of its chairman Lord David Hunt of Wirral for another three-year term. 2 December 2016
Insurance
Swiss Re plans to strengthen its research and development (R&D) capabilities to more efficiently identify and allocate capital into more attractive, growing risk pools, the company revealed at a Dec. 2 investors’ day briefing. 2 December 2016
Insurance
Talbot Underwriting, a subsidiary of Bermuda-based Validus Holdings, has appointed a dedicated team of cyber underwriters. 2 December 2016
Insurance
Hiscox, a specialist global insurer, has appointed Michael Krefta as CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda, effective Aug. 1, 2017. 1 December 2016
Insurance
UK insurer Aviva has appointed Jan Gooding to become its first global inclusion director. 1 December 2016
Insurance
Rating agency AM Best has added nine insurers to its 2015 list of impaired insurers in its latest update on the long-term impairment rates of AM Best rated US-domiciled insurance companies. 1 December 2016
Insurance
Bermuda-based Endurance Specialty Holdings has hired senior executives from Axis and Swiss Re to help it launch a new excess casualty product for commercial transportation clients. 1 December 2016
Insurance
US property/casualty insurers can expect losses from third-party liability asbestos claims to increase 18 percent to $100 billion, according to an AM Best report. 29 November 2016
Insurance
Allianz insurance, a part of the Allianz SE Group, has appointed Ross McCallum as strategic account manager in the UK, effective January 2017. 29 November 2016
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