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Insurance
Re/insurance legacy specialist Compre has agreed to acquire a portfolio of assumed non-life reinsurance business from Allianz Versicherungs for an undisclosed sum. 16 November 2017
Insurance
Global players are facing competition from regional reinsurers in Latin America, said S&P Global Ratings analyst Pedro Breviglieri. 14 November 2017
Insurance
American International Group (AIG) has appointed Lex Baugh as CEO of North America General Insurance. 8 November 2017
Insurance
Berkshire Hathaway recorded an overall net loss from insurance underwriting of $1.44 billion in the third quarter of 2017 compared to a net income of $272 in the same period a year ago. 6 November 2017
Insurance
American International Group (AIG) expects double-digit rate increases across the property market while the costs of the California wildfires are estimated at around $500 million before taxes. 6 November 2017
Insurance
Advent Claims, the insurtech-led claims third party administrator (TPA) signed an agreement to administer all claims for Aquila Underwriting-backed managing general agent (MGA) Principia Underwriting. 6 November 2017
Insurance
Lloyd’s accredited Pioneer Underwriters has launched a new property excess and surplus (E&S) and hired David Phillips to lead the team based in Alpharetta, Georgia. 6 November 2017
Insurance
Bermuda-based specialty re/insurer Lancashire Holdings has decided against paying a special dividend in 2017 and instead to deploy the capital in a hardening market but analysts commented that the company also faces higher retrocession rates, Bernstein analysts wrote in a note. 6 November 2017
Insurance
Specialty and commercial re/insurer Liberty Specialty Markets (LSM), part of part of Liberty Mutual Insurance, appointed Bruce Love as director of assumed reinsurance in its casualty treaty department. 6 November 2017
Insurance
Broker Willis Towers Watson appointed Evariste Yeung as head of property and casualty, North Asia. 6 November 2017
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