Articles
Insurance
Everest Re Group has appointed Mike Harnett as vice president, deputy chief underwriting officer for Everest Insurance North America. 9 October 2017
News
While reinsurance is facing challenging times in property/casualty (P&C), the environment for life & health reinsurance is looking increasingly attractive. 9 October 2017
Insurance
Lancashire Holdings said on Oct. 9 that it expects aggregate losses from recent nat cat events in a range of $106 million to $212 million after anticipated recoveries from its outwards reinsurance programme and the impact of outwards and inwards reinstatement premiums. 9 October 2017
Insurance
Lloyd’s Acappella Syndicate 2014 has appointed Louise Bessant as divisional head of its war, terrorism and political violence insurance portfolio. 9 October 2017
Insurance
Lloyd’s underwriting syndicate Probitas 1492 said on Oct. 9 that it completed a transaction with Saudi Re which removes all of Istmo Re group’s interest in Probitas. 9 October 2017
Insurance
DUAL North America said on Oct. 6 that Justin Tweedie will be succeeded as CEO by Jon Beckham effective January 1, 2018. 9 October 2017
Insurance
The blockchain insurance industry initiative B3i is including 23 new members for its market testing programme. 2 October 2017
Insurance
Following a management buyout backed by Kester Capital, niche insurance distributor CETA Insurance is facing a management shake-up. 2 October 2017
Insurance
UK insurer Aviva said on Sept. 29 that it has agreed to sell its entire shareholding in its joint venture in Italy, Avipop Assicurazioni, which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a cash consideration of €265 million. 2 October 2017
Insurance
The Financial Stability Oversight Council (Council) said on Sept. 29 that it has rescinded its determination that material financial distress at American International Group (AIG) could pose a threat to US financial stability and that AIG shall be subject to supervision by the Board of Governors and enhanced prudential standards. 2 October 2017
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