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The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report. 21 September 2017
Insurance
Zurich North America CEO Mike Foley will retire from Zurich in 2018, after a decade in this role. 21 September 2017
Insurance
New York-based property/casualty holding company AmTrust Financial Services has appointed Ariel Gorelik as senior vice president and chief information officer (CIO). 16 August 2017
Insurance
Japan’s MS&AD, which houses Mitsui Sumitomo Insurance and MS Amlin among others, said on Oct. 6 that it is reviewing its consolidated earnings forecasts for the year ending March 31, 2018 as it expects nat cat losses in the range of $620 million and $970 million. 6 October 2017
Insurance
Specialist insurer Markel International has appointed Claire Lane as senior equine claims adjuster. 20 March 2017
Insurance
The nat cat loss estimate of $2.9-$3.1 billion for American International Group’s (AIG) third quarter are manageable, Morgan Stanley analysts said in an Oct.9 research note. 11 October 2017
Insurance
Italian insurer Generali Group has completed the sale of its stake in Guatemala-based property/casualty insurance subsidiary Aseguradora General to the Neutze family, its "long-term trusted local partners". 20 July 2017
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market. 9 May 2017
Insurance
UK-based specialist insurer Pension Insurance Corporation (PIC) said on July that it concluded a £1 billion longevity reinsurance agreement with SCOR. 12 July 2017
Alternative Risk Transfer
SCOR has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond. 1 June 2018
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