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Insurance
Chris Elliott, the group chief executive officer (CEO) of Lloyd's broker Tysers and staff-owned broker Hawkes Bay Holdings, has stepped down from the position with immediate effect. 14 March 2017
Insurance
Commercial insurance prices in the US were nearly flat during the fourth quarter of 2016, according to Willis Towers Watson's latest Commercial Lines Insurance Pricing Survey (CLIPS). 14 March 2017
Insurance
The China Insurance Regulatory Commission (CIRC) has introduced system that will require foreign reinsurers to deposit funds with unaffiliated domestic commercial banks in a move that it said will mitigate the credit risk arising from foreign carriers operating in the country. 14 March 2017
Insurance
The US Senate Banking, Housing and Urban Affairs Committee will today (Tuesday March 14) hold a hearing designed to examine how the National Flood Insurance Program (NFIP) can be reformed. 14 March 2017
Insurance
Berkshire Hathaway should buy insurance giant AIG, which has recorded a $3 billion loss for the fourth quarter of 2016, prompting the CEO to resign, analysts at Keefe, Bruyette & Woods (KBW) suggested in a March 10 research note. 13 March 2017
Insurance
US property/casualty insurer Travelers is acquiring UK-based small and medium-sized enterprises (SME) insurance broker Simply Business from previous owner Aquiline Capital Partners for approximately $490 million. 13 March 2017
Insurance
California-based Alliant Insurance Services has acquired employee benefit management consulting firm Burkhardt, based in Coeur d’Alene, Idaho. 13 March 2017
Insurance
The Chartered Insurance Institute (CII) has partnered with the insurance authority of United Arab Emirates to establish an education programme in Abu Dhabi to boost professionalism in the UAE insurance sector. 13 March 2017
Insurance
Munich-based Allianz has appointed Giulio Terzariol as chief financial officer (CFO), succeeding Dieter Wemmer, whose contract ends at the end of 2017. 10 March 2017
Insurance
Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Martin Eyres as underwriting director. 8 March 2017
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