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Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has expanded its miscellaneous errors and omissions (E&O) division with two new appointments. 20 April 2017
News
Aggregate shareholders’ funds for companies included in the Willis Re Index, which examines the results of the world’s biggest reinsurance groups, increased by 4 percent to $344.1 billion as at 31 December 2016, according to the latest Reinsurance Market Report from Willis Re. 20 April 2017
Insurance
US insurer WR Berkley Corporation has appointed the lead equity analyst covering insurance at Goldman Sachs to join its corporate investment arm as a director. 20 April 2017
Insurance
Re/insurer XL Catlin has raised its terrorism insurance coverage limits to $250 million in the US on the back of what it said was businesses’ increased concerns about potential terror risks. 20 April 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Rolando Rodriguez as vice president of diversified financial services at Pioneer Special Risk (PSR) with immediate effect. 18 April 2017
Insurance
If hedge fund manager John Paulson leaves the board of AIG as suggested by a media report, this would remove one of the leading advocates of splitting up the insurer, CreditSights analysts wrote in an April 12 note. 12 April 2017
News
AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings, has appointed Michael Leahey as vice president and deputy head of catastrophe underwriting for Europe, Middle East and North Africa (MENA), and Israel to further expand its business in these regions. 12 April 2017
Insurance
The number of people in the UK covered by group risk policies increased significantly in 2016, adding 520,000 newly covered members, according to Swiss Re's latest annual Group Watch report. 12 April 2017
Insurance
The UK’s Prudential Regulatory Authority (PRA) has sent a request to the country’s largest general insurers to provide information about the impact of a range of stress tests on their projected Own Funds, as well as providing additional information on their sectoral exposures to the UK economy. 12 April 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has denied it was the subject of an investigation by the FBI in 2014 with respect to its accounting practices initiated by complaints made by short sellers, as alleged in a Wall Street Journal (WSJ) article dated April 11. 12 April 2017
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