News
Insurance
Pen Underwriting, a subsidiary of global insurance broker Arthur J Gallagher, has launched three property owners’ products following the amalgamation of Keelan Westall, Vela PropertyOwners and Zennor to create Pen Real Estate. 9 May 2016
Insurance
Alternative investment manager Apollo has unveiled Mark Cloutier as the new executive chairman and group chief executive officer of Aspen and made other leadership changes. 18 February 2019
News
It is inevitable that the reinsurance industry will increasingly become divided into clusters—or tiers—given the competitive forces at work. This will not be based on size and reach alone, but on technical skills, expertise and the willingness to invest to better understand clients, Amer Ahmed, chief executive of Allianz Re, told Baden-Baden Today. 21 October 2015
Insurance
Bermuda-based specialty re/insurer Lancashire Holdings has decided against paying a special dividend in 2017 and instead to deploy the capital in a hardening market but analysts commented that the company also faces higher retrocession rates, Bernstein analysts wrote in a note. 6 November 2017
Insurance
PwC, a provider of industry-focused assurance, tax and advisory services, has appointed Lindsay J’afari-Pak as its UK insurance tax market leader, effective immediately. 20 July 2016
Insurance
Australian insurers have started estimating the likely cost of the hailstorms that hit the East Coast on February 18. 6 March 2017
Insurance
Marine broker Ropner Insurance Services has strengthened its team with three executives from Endeavour Insurance Brokers. 18 June 2015
Insurance
Insurer Chubb has appointed Lou Capparelli as executive vice president of its global casualty business unit within the company's North America major accounts division. 13 September 2017
Insurance
Specialty re/insurer Canopius has appointed Mike Duffy chief executive of Canopius Managing Agents, the group’s principal regulated entity, in addition to his existing role as group chief underwriting officer. 7 March 2018
News
Global reinsurers face further rate declines in 2017, driven by an abundance of reinsurance capacity and many years of modest insured losses, according to a June 23 S&P report titled, "Déjà Vu All Over Again: Global Reinsurers Awake To Another Year Of Declining Rates." 23 June 2017
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