Articles
Insurance
Bermuda-based re/insurer Sompo International has hired Alison Wood and Lorene Phillips for its global casualty reinsurance team in London. 13 November 2017
Insurance
Dale Underwriting Partners, which is managed by Lloyd’s third party managing agency Asta, has revealed that its special purpose arrangement (SPA) has received approval from Lloyd’s. 13 November 2017
Insurance
Hannover Re expects a net profit of €800 million for the full year of 2017 after the reinsurer sells off its listed equity portfolio, despite nat cat losses exceeding its large loss budget. 8 November 2017
Insurance
Insurer Chubb has appointed Barry Beard as head of global services and complex multinational UK and Ireland (UK&I). 8 November 2017
Insurance
MAI CEE, an independent insurance broker in Central and Eastern Europe, has appointed Ewelina Jaworska as group employee benefits leader. 8 November 2017
Insurance
American International Group (AIG) has appointed Lex Baugh as CEO of North America General Insurance. 8 November 2017
Insurance
Net income attributable to Aon shareholders was $185 million in the third quarter of 2017 compared to $319 million in the same period a year ago as operating income falls and restructuring costs bite. 27 October 2017
Insurance
Property/casualty insurer Chubb said on Oct. 26 that it reported a net loss for the third quarter of $70 million after recording pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, of $1.89 billion in the quarter. 27 October 2017
Insurance
Bermuda-based Validus Holdings said on Oct. 26 that it reported a net loss attributable to shareholders of $250.4 million for the three months ended September 30, 2017. 27 October 2017
Insurance
Japan-based Toa Reinsurance Company (Toa Re) and Barbican Insurance Group said on Oct. 27 that they have received ‘in principle’ approval from the Lloyd’s Franchise Board to establish Toa Re Special Purpose Arrangement (SPA 6132) to be backed exclusively by Toa Re. 27 October 2017
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