Articles
Insurance
Swiss Re is one of the main insurers for the Rome-based company Autostrade per l’Italia that operated the stretch of highway where the Morandi Bridge in Genoa collapsed, according to an Aug. 17 Reuters report. 20 August 2018
Insurance
S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings. 20 August 2018
Insurance
DL Dale & Others, syndicate 2525, a specialist employers' and third-party liability Lloyd's insurer, has appointed Nick Ryan as London market claims manager. 20 August 2018
News
Reinsurers have embraced third-party capital through instruments like sidecars, collateralized reinsurance, and catastrophe bonds and the retrocession market increasingly depends on this convergence capital, a new report by S&P Global Ratings states. 15 August 2018
News
Munich Re will target higher profits by growing its property/casualty (P&C) reinsurance business, turning around its primary insurer ERGO, taking advantage of digitisation and by cutting costs, CEO Joachim Wenning explained during the reinsurer’s second-quarter results presentation. 9 August 2018
Insurance
Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations. 8 August 2018
News
Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund. 8 August 2018
Insurance
S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated). 8 August 2018
Insurance
Zurich Insurance has appointed Saad Mered to CEO and chief agent of Zurich Canada. 8 August 2018
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey. 8 August 2018
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