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African Reinsurance Corporation (Africa Re) has announced executive changes at its Nairobi regional office. 14 July 2017
Insurance
UK-based life insurer Prudential said on July 12 that it has acquired a majority stake in Zenith Life of Nigeria and formed exclusive bancassurance partnerships with Zenith Bank in Nigeria and Ghana. 13 July 2017
Insurance
N Brown Group, a British home shopping retailer, said on July 13 that it identified "flaws" in certain general insurance products which were provided by a third party insurance underwriter and sold by the group to its customers between 2006 and 2014. 13 July 2017
Insurance
American International Group (AIG) has appointed Seraina Macia as executive vice president and chief executive officer (CEO) of a new planned subsidiary that aims to transform the way that AIG delivers and underwrites commercial insurance. 13 July 2017
Insurance
Bermuda holding company Everest Re Group has appointed Brian Farr as the leader of its environmental unit within Everest Insurance. 13 July 2017
Insurance
The US managing general agent and programme market growth in 2016 exceeded that of the total property-casualty market by 32 percent, according to a new study by Conning, an investment firm. 13 July 2017
Insurance
Lloyd's of London specialist insurer Beazley has received authorisation from the Central Bank of Ireland to convert its Dublin-based reinsurance company into an insurance company permitted to transact business throughout the European Union. 13 July 2017
Insurance
Property/casualty insurer Chubb has named Ross Bertossi as vice president of global underwriting, succeeding Jacques Bonneau who is set to retire from the company at the end of 2017. 13 July 2017
Insurance
US-based commercial insurance provider CNA has appointed Robert Thomas to fill the newly-created position of senior vice president, claim analytics, finance and operations within the company's worldwide property and casualty (P&C) claims unit. 13 July 2017
News
The financial strength ratings of Africa Re have been placed under review with negative implications by AM Best, which has cited concerns over the permanence of its capital structure. 13 July 2017
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