Articles
Insurance
Allied World Assurance Company Holdings has reshuffled the leadership of its Bermuda operations as part of its growth and expansion strategy on the island. 28 January 2019
Insurance
Specialist insurer QBE has hired a senior executive from Allianz as director of motor for the UK. 28 January 2019
News
AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re. 28 January 2019
Alternative Risk Transfer
Markel CATCo, which has been conducting an internal review into its loss reserves in 2017, has parted company with two of its senior executives with immediate effect after it appears it discovered evidence of an “undisclosed personal relationship” in the course of the investigation. 21 January 2019
Insurance
The board of directors of AmTrust Financial Services has approved the voluntary delisting of all six series of preferred stock and two series of subordinated notes from the New York Stock Exchange. 21 January 2019
Insurance
Germany has signed an agreement with China designed to boost the level of understanding and cooperation between the two countries with regards to re/insurance though the agreements also covers many other aspects of banking and finance. 21 January 2019
Insurance
After almost two decades of favourable buying conditions, 2017 and 2018 saw a change in the market dynamic whereby rates are increasing, and carriers are now willing to walk away from deals that do not deliver on acceptable levels of profitability, the chief executive of Australia-based broker Honan Insurance Group has claimed. 21 January 2019
Insurance
Re/insurer AXA XL has completed the transfer of its European Union insurance company, XL Insurance Company (XLICSE), from the UK to Dublin, Ireland in response to Brexit uncertainty. 21 January 2019
Insurance
Property/casualty insurer Chubb has estimated its global net catastrophe losses of approximately $585 million pre-tax, or $505 million after tax, in the fourth quarter of 2018. 21 January 2019
Insurance
Washington is following New York in banning the sale of insurance policies branded by the National Rifle Association (NRA) while fining two companies involved in underwriting and selling them in the state. 17 January 2019
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