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Insurance
THB UK Risk Solutions, the UK broking operation of the specialist insurance and reinsurance broker THB, has appointed two new motor fleet brokers. 4 May 2018
Insurance
American International Group (AIG) reported a drop in net income to $938 million in the first quarter of 2018 from $1.2 billion in the same period a year ago as natural catastrophes impacted the results. 3 May 2018
Insurance
Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations. 3 May 2018
Insurance
Bermuda-based Validus Holdings reported a net loss of $4.1 million for the first quarter of 2018 after a net income of $94.6 million in the same period of 2017. 2 May 2018
Insurance
Bermuda-based RenaissanceRe CEO Kevin O'Donnell described the recent renewals as “successful,” while profits fell in the first quarter of 2018 despite improvements on the underwriting side. 2 May 2018
Insurance
Swiss Re has strengthened its African business through its newly approved licence for property & casualty (P&C) business in South Africa. 2 May 2018
Insurance
Scott Purviance has succeeded Steven DeCarlo as the company’s AmWINS Group CEO on May 1, a move that is followed by a number of management changes. 2 May 2018
Insurance
Specialist insurer Beazley and Lloyd’s coverholder Risk Cooperative have partnered with blockchain technology company Bitfury to build the first blockchain-based system for crisis insurance and risk management. 2 May 2018
Insurance
The Florida Office of Insurance Regulation has approved a rate decrease for workers’ compensation insurance in Florida. 2 May 2018
Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector. 27 April 2018
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