Articles

Insurance

Berkshire Hathaway Specialty Insurance enters Spain, hires leader from RSA

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its global footprint by opening a new office in Madrid, and hired its country manager from RSA Spain.   23 September 2019

Insurance

Turkish insurers held back by underwriting losses and economic volatility: AM Best

Sentiment on the Turkish insurance market has become less optimistic in recent times, as it has generated poor underwriting performance for most market participants.   23 September 2019

Insurance

DARAG hires Zurich's Andrew Hill as group COO

European legacy acquirer DARAG Group has appointed Andrew Hill as its new group chief operating officer (COO), based in London.   23 September 2019

Insurance

Nephila looks to cut Lloyd's cost using Phinsys finance automation technology

In a bid to reduce the cost of doing business at Lloyd’s, Nephila Syndicate Management (NSML) has selected Phinsys' suite of software technologies to streamline its financial processes and automate statutory, regulatory and management reporting.   23 September 2019

Insurance

HDI reshuffles Italian management; managing director Semprini departs after 13 years

Industrial lines insurer HDI Global SE's managing director Francesco Semprini is leaving after almost 13 years by "amicable and mutual agreement" to purse new opportunities outside the company.   23 September 2019

Insurance

Gender balance and mental health high on agenda for global insurance: Dive In event survey

Inclusion is a client-facing issue, say 94 percent of respondents in a survey ahead of this week’s Dive In event.   23 September 2019

Insurance

Zurich unveils new group chief risk officer

Zurich Insurance Group has appointed Peter Giger as new group chief risk officer (CRO) and a member of its executive committee.   23 September 2019

Insurance

Starr Insurance restructures western US operations

Starr Insurance Companies has unveiled a new structure and leadership promotions in the US western region.   23 September 2019

Insurance

Charles Taylor agrees £261m deal to go private; firm says the offer was 'compelling'

Insurance services firm Charles Taylor has agreed to a "compelling" takeover deal by private equity firm Lovell Minnick Partners, which it hopes will deliver attractive returns to its shareholders.   19 September 2019

Insurance

Brit Re gets rating boost from AM Best; mulls reinsurance expansion in 2020

Ratings agency AM Best has assigned a financial strength rating of A (Excellent) with a ‘stable’ outlook to Brit Reinsurance (Bermuda), a wholly-owned subsidiary of specialty re/insurer Brit, reflecting a "very strong" balance sheet.   19 September 2019

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