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Insurance
Zurich has launched a new initiative to drive innovation throughout the insurer, with a renewed focus on changing customer demand and needs, the company said in a Feb. 20 press release. 21 February 2018
Insurance
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition. 21 February 2018
Insurance
Concerns over pricing, reserves, and interest rate weigh on investor sentiment in the property/casualty re/insurance sector, according to Morgan Stanley. 29 May 2018
Insurance
Lloyd’s Acappella Syndicate 2014 has appointed Louise Bessant as divisional head of its war, terrorism and political violence insurance portfolio. 9 October 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Richard Heppell as the new chief financial officer (CFO). 24 November 2017
Insurance
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings. 6 July 2017
Insurance
US investor Calamos Family Partners (CFP) filed a lawsuit in the US against Dutch EXIN Financial Services Holdings for defaulting on loans, according to an emailed statement, putting in doubt the planned acquisition of National Bank of Greece’s insurance unit, according to a Feb. 7 Reuters report. 7 February 2018
Insurance
Volante Global, a multi-class and multi-territory international managing general agent (MGA) platform, has launched Gentium Motor and the appointment of Neil Smith as managing director. 13 August 2018
Insurance
Bermuda-based Argo Group International Holdings has returned to profit in the third quarter of 2018 compared to the same quarter of 2017. 6 November 2018
Insurance
Lloyd’s syndicate Probitas 1492 said on July 31 that it a shareholder agreement has been signed with Saudi Re. 31 July 2017
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