Articles
Insurance
French reinsurer SCOR has appointed Rachel Conran as head of business solutions within its Global P&C unit effective March 2. 23 February 2017
Insurance
France’s reinsurer SCOR is searching for opportunities to deploy its excess capital which is set to grow further through the ongoing merger of its units and is unlikely to be squeezed by a qualification of SCOR as a systemically important financial institution. 22 February 2017
Insurance
The former chief financial officer Rory O’Connor and two former actuaries of RSA Insurance Ireland have admitted misconduct and agreed to fines and other sanctions following the conclusion of the Financial Reporting Council’s (FRC) investigation into financial irregularities at the company in respect of the year ended 31 December 2012 and relevant prior periods. 22 February 2017
Insurance
French reinsurer SCOR is sitting on a pile of excess capital worth as much as €200 million and could end up with the same amount again if a reorganisation of its different legal entities goes to plan. 22 February 2017
Insurance
Profits dipped at SCOR in 2016 in what was an otherwise solid set of results for the French reinsurer, which continued to grow largely thanks to contributions from its Global Life unit while its Global P&C business also expanded its footprint in the US. 22 February 2017
Insurance
Net realised and unrealised gains on investments were the biggest influencing factor on PartnerRe's 2016 results, helping the reinsurer to a big increase in its profits as its book shrunk slightly. 22 February 2017
Insurance
UK insurance intermediary Towergate has appointed Colin Wallace as partnership director, reporting to retail chief executive officer (CEO) Steven Anson. 22 February 2017
Insurance
Bermuda-based Ironshore International has increased the capacity for its terrorism and sabotage offerings to $400 million from the current limit of $375 million, following the rise in such attacks worldwide. 22 February 2017
Insurance
Insurance broker NFP has acquired US-based McLaughlin & Smoak (M&S) employee benefits broker to expand its benefits footprint in the Southeast region. 22 February 2017
Insurance
ANV Global Services, the managing general underwriter (MGU) owned by insurance group AmTrust Financial Services, has appointed James Pittinger to the role of underwriting director with immediate effect. 22 February 2017
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