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Insurance
Partner Re CEO explains the new focus after ownership change
Bermuda-based Partner Re has changed its strategy after its acquisition by Italian investment company EXOR, repositioning the reinsurer and refocussing its brand and offering, CEO Emmanuel Clarke told Intelligent Insurer.   30 August 2017
Insurance
Hurricane Harvey potential Texas reconstruction cost at $40bn
Data provider CoreLogic said on Aug. 24 that Hurricane Harvey could, based on a Category 3 prediction, put at risk of hurricane-driven storm surge damage 232,721 homes along the Texas coast with a reconstruction cost value of approximately $39.6 billion.   25 August 2017
Insurance
Euler Hermes unveils new CEOs for Southeast Asia and China 
Trade credit insurer Euler Hermes has announced two senior executive appointments in its Asia Pacific region.   18 August 2017
Insurance
AIG said to be selling $2bn death benefits portfolio
American International Group (AIG) wants to sell a $2 billion portfolio of life settlements that would pay out when sick or elderly customers die, Reuters reported on Aug. 15 citing two people familiar with the matter.   16 August 2017
Insurance
Navigators poaches Chubb SVP to lead professional lines in US
Specialty insurance holding Navigators Group has hired Chubb's James Rhyner to lead its US professional and management liability business.   16 August 2017
News
Everest Re hires Maxum exec to head US casualty fac
Everest Reinsurance Company (Everest Re) has appointed Darwin Lucas as vice president and head of US casualty programmes for all general casualty and professional liability lines of coverage within the facultative reinsurance division.   16 August 2017
News
Aon Benfield broker moves to JLT Re credit and political risk unit
Reinsurance broker and consultant JLT Re has further expanded its credit and political risk team with the recruitment of Jakob Hansen in its London office.   16 August 2017
Insurance
Chubb adds CNA hire to North America commercial insurance
Property/casualty insurer Chubb has named Barbara Sandelands executive vice president and customarq package product manager for its commercial insurance division in North America.   16 August 2017
Insurance
Admiral grows in H1 and offsets Ogden hit
UK-based motor insurer Admiral Group grew its operations in the first half of 2017, offsetting the impact of a lower Ogden personal injury discount rate.   16 August 2017
Insurance
Trump executive order expected to increase flood costs
US president Donald Trump rolled back rules regarding restrictions on government-funded building projects in flood-prone areas in a move criticised by experts.   16 August 2017

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