Articles
Insurance
German re/insurer Talanx Group, the parent company of Hannover Re and HDI, has raised its full-year 2019 profit forecast on the back of "strong business performance" and an "extraordinary income" in the first half of the year that also saw an improvement in the industrial lines division. However, its underwriting results further declined in the second quarter of 2019 due to Typhoon Jebi loss creep. 12 August 2019
Insurance
Re/insurance broker Lockton has hired William Barber to lead its international healthcare strategy, which forms part of its professional and financial services offering. 12 August 2019
Insurance
Dutch insurance group Aegon has appointed NN Group's Lard Friese as chief executive officer (CEO), succeeding Alex Wynaendts at the company's Annual General Meeting to be held on May 15, 2020. 12 August 2019
Insurance
New Jersey-based Specialty Program Group (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired specialty insurance programme manager The Mechanic Group. 12 August 2019
Insurance
CIC Services, a risk management and consulting firm specialising in the formation and operation of captive insurance companies, has launched a new reinsurance pool for property and casualty (P&C) coverages. 12 August 2019
Insurance
Insurance Australia Group (IAG) has appointed Peter Horton as new group general counsel. 12 August 2019
Insurance
Argo Group, the specialty re/insurer, has confirmed it will introduce proposals to cut the number of board directors from 13 to 11 and change the way they are elected, as well as confirming changes to executive pay. 9 August 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has formed a new team offering insurance solutions to smaller businesses in the US and Mexico, including its industry vertical and Asian interest accounts. 9 August 2019
Insurance
Specialist managing general agent (MGA) Landmark Underwriting has hired Michael Comfort as senior professional indemnity (PI) underwriter. 9 August 2019
Insurance
Global commercial insurance rates were up 6 percent in the second quarter 2019, marking the seventh consecutive quarter of price increases, new data from Marsh has revealed. 9 August 2019
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