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Insurance
Hannover Re parent Talanx said Aug. 14 that it is raising its outlook for group net income in 2017 to around €850 million from around €800 million after a jump in first-half earnings. 14 August 2017
Insurance
Crop Pro Insurance, a new managing general agent (MGA) specializing in crop insurance, received Standard Reinsurance Agreement (SRA) approval as an MGA from the US Department of Agriculture (USDA). 14 August 2017
Insurance
Specialty re/insurer Brit has appointed Tom Bongi as executive vice president of professional lines at Brit Global Specialty USA (BGSU). 14 August 2017
News
US property/casualty insurer Spinnaker has selected reinsurance broking and risk/capital management firm TigerRisk Partners’ TigerEye platform to structure its overarching corporate reinsurance portfolio and support its existing underwriting strategy, particularly for managing catastrophe exposures. 14 August 2017
Insurance
Bermuda-based specialty re/insurance provider Fidelis Insurance has appointed Charles Mathias, group chief risk officer, to its board of directors, succeeding Neil McConachie. 14 August 2017
Insurance
Oman Qatar Insurance (OQIC), a subsidiary of the Qatar Insurance Company (QIC), has announced its plans to float 25 million shares through an initial public offering on the Muscat Securities Market shortly. 14 August 2017
Insurance
The scrutiny that some types of captives – in particular 831(b)s – face from the IRS is unlikely to go away, and advisors must get smarter about how they educate clients, according to Anne Marie Towle, captive consulting practice leader at JLT Insurance Management. 11 August 2017
Insurance
India’s state reinsurer GIC Re which is planning to float on the stock exchange wants to grow the reinsurance business outside India to reach around 50 percent of its total gross premiums from currently 30.53 percent. 10 August 2017
Insurance
Lloyd's insurer Novae Group has appointed Adam Cragg as group chief operating officer. 10 August 2017
Insurance
JLT Specialty USA, a subsidiary of broker Jardine Lloyd Thompson Group, has appointed Andy O’Brien as a partner in its Boston office. 10 August 2017
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