Articles

Insurance

Hannover Re merges specialty business with HDI Global

Talanx group units Hannover Re and HDI Global are merging their specialty activities in a new joint venture in order to capture global growth and high-margin specialty business.   11 May 2018

Insurance

Compre poaches QBE legacy expert as new COO

Compre, a European re/insurance legacy specialist focused on the acquisition and management of discontinued non-life portfolios, has hired QBE's Simon Hawkins as new chief operating officer (COO).   11 May 2018

Insurance

US fee business sale boosts AmTrust Q1 results

New York-based AmTrust Financial Services reported a net income increase to $675.9 million in the first quarter of 2018 compared to $50.2 million in the same period a year ago.   11 May 2018

Insurance

Talanx CEO sees international expansion delivering

Talanx grew premium income by 8.3 percent year on year to €10.6 billion in the first quarter of 2018 as the group expands outside Germany.   11 May 2018

Insurance

Gallagher snaps up Texas MGA Pronto

Insurance brokerage and risk management firm Arthur J Gallagher has signed a definitive agreement to acquire 100 percent of the equity interests of Pronto Holdco, the parent company of Pronto Insurance.   11 May 2018

Insurance

RLI appoints new chief claim officer

US specialty insurer RLI has appointed Bob Handzel as vice president, chief claim officer.   11 May 2018

Insurance

Liberty Mutual Q1 profit jumps as nat cat cost drop

Liberty Mutual Holding Company (LMHC) more than doubled profits year on year in the first quarter of 2018 on lower natural catastrophe costs.   3 May 2018

Insurance

India’s regulator IRDAI gets new head

Former chief secretary of India's southwest state of Karnataka, Subhash Chandra Khuntia has been selected to head the Insurance Regulatory and Development Authority of India (IRDAI), according to a May 2 Bloomberg News report.   3 May 2018

Insurance

McLarens expands in the UK

Global loss adjuster McLarens is expanding its offering in the UK’s Midlands with the opening of a new office in Nottingham, in addition to promotions in the region.   3 May 2018

Insurance

QBE partners with AI tech firm HyperScience

Australia-based QBE Insurance Group has closed an investment into HyperScience while entering into a multi-year commercial use agreement to roll out HyperScience solutions across QBE globally.   3 May 2018

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