Articles
Insurance
Disposing of legacy portfolios is an increasingly important mechanism in the capital management toolbox, but how are carriers to be persuaded that it’s a good idea? Tom Dixon of Randall & Quilter has some answers. 8 May 2017
Insurance
Severe wind and hail storm losses have dented Boston-based Liberty Mutual Holding Company’s profits in the first quarter of 2017 while the company grew organically and via the acquisition of Ironshore. 5 May 2017
Insurance
Strong investment results helped boost an otherwise tepid set of first quarter results for Alleghany Corporation, which owns TransRe, in which its profits dipped because of lower underwriting profits less reserve developments and the business also shrank slightly. 5 May 2017
Insurance
German insurer Allianz has elected former CEO Michael Diekmann to become the firm’s chairman, replacing Helmut Perlet. 5 May 2017
News
Bermuda-based property/casualty reinsurer Third Point Re has reported a profit in the first quarter of 2017 after a loss in the same period a year ago due to significant improvements in investment returns. 5 May 2017
Insurance
The Insurance Council of Australia (ICA) has appointed Chris Mackinnon, Lloyd’s Australia’s general representative in Australia and Rajbir Nanra, CEO general insurance of Zurich Financial Services Australia, to its board of directors. 5 May 2017
Insurance
US-based Ryan Specialty Group (RSG) has appointed Kathy Burns as senior vice president, chief digital officer, based in Chicago. 5 May 2017
Insurance
Allianz Australia has appointed Richard Feledy as its new CEO, effective January 1, 2018. 5 May 2017
Insurance
Ratings agency AM Best has placed OneBeacon Insurance Group and its subsidiaries "under review with positive implications" following its acquisition by Intact Financial Corporation. 5 May 2017
Insurance
Industrial lines insurer HDI Global, a subsidiary of Hannover Re-owner Talanx, is strengthening its UK and Ireland client offering by creating a new leadership role within its claims department. 5 May 2017
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