News
Insurance
European insurance companies are increasingly concentrating on high-margin lines and cost efficiencies in order to meet return on equity (ROE) targets, according to AM Best. 28 August 2018
Insurance
Specialty re/insurer Canopius has hired Sean Redden for a new London-based role as underwriting counsel for its specialty division, with a specific focus on credit and political risk. 28 August 2018
Insurance
Broker Aon has appointed Goldman Sachs' Joel Sulkes as global financial institutions leader, based in New York. 28 August 2018
Insurance
Specialty re/insurer Argo Group International Holdings has appointed Marsh Duncan to serve as senior vice president US specialty programmes. 28 August 2018
Insurance
Allied World Assurance Company Holdings has appointed Yeo Meng Wong as senior vice president & general manager, Asia Pacific treaty reinsurance division. 28 August 2018
Insurance
The US property/casualty industry’s net underwriting income improved in the first half of 2018 to $5.3 billion, compared with a $5.0 billion underwriting loss in the same prior-year period, according to data by AM Best. 24 August 2018
Insurance
The Central Bank of Ireland has fined PartnerRe Ireland Insurance and Partner Reinsurance Europe a combined €1.5 million. 22 August 2018
News
Hannover Re’s CEO Ulrich Wallin is stepping down and retiring in May 2019 after more than 35 years at the reinsurer. He will be replaced by Swiss Re’s Jean-Jacques Henchoz. 22 August 2018
Insurance
Bermuda-based Enstar Group has entered into a five year unsecured $600 million revolving credit facility with a group of lenders to fund acquisitions as well as for “general purposes.” 22 August 2018
Insurance
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a study by Juniper Research. 22 August 2018
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