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Insurance
The global property/casualty (P&C) insurance market will see further premium growth in 2018 supported by continued economic expansion while robust capitalization offsets profitability pressure from still-low interest rates and rising claims inflation, according to Moody's. 15 December 2017
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has hired Robert Patten as head of casualty. 15 December 2017
Insurance
Re/insurer XL Catlin has promoted Jay Lefkowitz to president of its global risk management business in North America. 15 December 2017
Insurance
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016. 15 December 2017
Insurance
Netherland-based insurance group Aegon has elected William Connelly as the next chairman of its supervisory board as Robert Routs decided to step down at the next annual general meeting of shareholders (AGM) in May 2018. 15 December 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after 1 January 2018. 14 December 2017
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) is introducing a professional indemnity insurance for financial institutions in Asia. 14 December 2017
Insurance
Risk management service provider Assurant has partnered with fintech company Fair. 14 December 2017
Insurance
Lloyd’s specialty re/insurer Canopius agreed to cede risks to the UK government-backed Flood Re scheme. 14 December 2017
Insurance
Countrywide has partnered with Davies Group for the provision of professional indemnity claims administration services following a competitive tender process. 14 December 2017
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