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Dale Underwriting Partners, which is managed by Lloyd’s third-party managing agency Asta, has announce that its key capital provider ProAssurance Corporation has extended its commitment of $200 million of underwriting capital to Syndicate 1729, through to the 2022 year of account. 25 May 2017
Insurance
Netherlands-based insurance group Aegon has appointed Maurice Perkins as senior vice president, global head of government and policy affairs, to oversee all aspects of the company's government relations in Europe, the Americas and Asia. 25 May 2017
Insurance
Ironshore International’s mergers and acquisitions (M&A) and tax insurance unit has enhanced its consortium programmes. 25 May 2017
Insurance
While many of its rival reinsurers are seeking alternative growth opportunities through fee income relating to advisory services, technology or the use of alternative risk-transfer structures, Hannover Re’s chief executive officer Ulrich Wallin believes sufficiently profitable traditional risk transfer business will remain available for the foreseeable future. 25 May 2017
Insurance
Insurers can increase customer retention and reduce costs by automating the receivables processes with artificial intelligence (AI) technology, claims collectAI. 24 May 2017
Insurance
Beazley, Chaucer and Talbot have joined forces to form a political risk consortium in Asia offering increased capacity for a wide range of political and contract frustration risks. 22 May 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Sam Wilde as senior underwriter – global financial risks (GFR). 22 May 2017
News
African Reinsurance Corporation enjoyed steady growth in the first quarter of 2017 but its profits were hit by large claims in South Africa, the Middle East and Mauritius. 22 May 2017
Insurance
Assurant, a provider of risk management solutions, has appointed Colin Kersley as a non-executive director to its UK board, which heads its European operation. 22 May 2017
Insurance
Netherland-based insurance group Aegon has agreed to sell its two largest US run-off businesses, the pay-out annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI), to Wilton Re. 22 May 2017
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