Articles
Insurance
UK's life and general insurer Aviva has said that the company is "considering a range of options" to enhance its Asian business as new CEO Maurice Tulloch looks to re-energise the business with a fresh growth strategy. 8 August 2019
Insurance
Randall & Quilter Investment Holdings (R&Q) has issued a loss portfolio transfer reinsurance, covering workers’ compensation, product, auto, and general liability risks, for a Bermuda domiciled captive. 8 August 2019
Insurance
Insurer AIG reported “strong” income growth in its Q2 2019 results with its CEO pointing to the company’s 2017 decision to restructure its business into three units - operating under a General Insurance business unit, a Life and Retirement unit, and a standalone technology unit. 8 August 2019
Insurance
Brazil's major reinsurer IRB Brasil Re is set to acquire an 8.93 percent stake in the blockchain insurance industry initiative B3i Services for €3.5 million. 8 August 2019
Insurance
Global credit ratings agency AM Best has upgraded PartnerRe and its operating subsidiaries to the financial strength rating (FSR) A+ (Superior) from A (Excellent), while the group’s long-term issuer credit ratings (LTICR) has improved to “aa-” from “a+”. 6 August 2019
Insurance
Total net earnings for Berkshire Hathaway Inc were up in the second quarter of 2019 and in the half year compared to 2018 but the firm’s reinsurance group reported significant pre-tax underwriting losses. 5 August 2019
Insurance
Property/casualty insurer Chubb has appointed Marcos Gunn as senior vice president, Chubb Group and regional president, Latin America. 5 August 2019
Insurance
The underwriting division of GRP, which consists of seven niche and speciality line MGAs representing over £100 million in gross written premiums, is one of the newest members of the MGAA. The division’s chief executive officer Clive Nathan discusses why now is a good time for MGAs to flourish. 5 August 2019
Insurance
Managing general agents have been popular in the market recently, but what’s been driving this popularity? Intelligent Insurer speaks to a number of newly formed ventures to find out. 5 August 2019
Insurance
Bermuda-based Everest Re Group has hired Chubb's Juan Andrade as chief operating officer (COO) effective September 1, 2019. He will succeed Dominic Addesso as president and chief executive officer (CEO) of the company from January 1, 2020. 2 August 2019
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