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Bermuda-based Third Point Re made a loss in the first quarter of 2018 as investment income plummeted and underwriting continued producing losses, but CEO Rob Bredahl promised improvements “over time”. 10 May 2018
Insurance
Specialist insurer Beazley grew gross premiums written by 10 percent year on year to $631 million in the first quarter of 2018 driven by the property segment as pricing conditions improved. 10 May 2018
Insurance
Broker Aon has appointed Richard Schuyler as chief executive officer of its Aon Carrier Link distribution channel. 10 May 2018
Insurance
Insurance holding CNO Financial Group has appointed Daniel Maurer as chairman of the board at the company's annual shareholders’ meeting. 10 May 2018
Insurance
Film producer Harvey Weinstein is fighting back against Chubb, demanding that the personal indemnity insurer must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or assaulting women over the past three decades, according to a Reuters May 8 report. 9 May 2018
Insurance
The Lloyd’s Corporation has decided to direct underwriters in the market to terminate any existing programmes involving the National Rifle Association of America (NRA). 9 May 2018
Insurance
Thousands of London taxi and minicab drivers received a text message telling them their insurance had been cancelled, BBC News reported on May 9. 9 May 2018
Insurance
Prudential Financial unit Prudential Retirement has struck a longevity reinsurance agreement with Pension Insurance Corporation. 9 May 2018
Insurance
Broker Arthur J Gallagher is acquiring UK regional commercial insurance broker Risk Services based in Chester. 9 May 2018
Insurance
Five separate storm systems spawned severe thunderstorms across the US in April leading to $2.3 billion in economic damage across the country, according to Aon’s latest Global Catastrophe Recap report. 9 May 2018
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