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Insurance
Specialist global insurer Hiscox has appointed Glenn Dorr as head of business development and broker relationships, North America, within its London Market business. 20 November 2017
Insurance
Tightening solvency requirements are likely to drive consolidation in the Saudi Arabian insurance market in the next few years as weaker companies merge with stronger rivals, according to a Fitch Ratings report. 20 November 2017
Insurance
The board of directors of North and Sunderland Marine has agreed that a subsidiary insurance company should be established in Ireland to underwrite all future European Economic Area (EEA) business with effect from Feb. 20, 2019. 20 November 2017
Insurance
Citizens Property Insurance Corporation posted a net loss of $944.2 million for the period between January and September 2017. 20 November 2017
Insurance
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent. 16 November 2017
Insurance
Barbican Insurance Group has established a new US specialty managing general agency (MGA) led by Colin Mayo, the former executive vice president and chief underwriting officer at Ariel Specialty. 16 November 2017
Insurance
Dutch trade credit insurer Atradius has established new offices in Bulgaria and Romania to further expand its international presence. 16 November 2017
Insurance
London-based managing general agent (MGA) Pen Underwriting has extended its strategic relationship with re/insurer QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the area of hazardous goods and environmental industries. 16 November 2017
Insurance
China's decision to ease restrictions on foreign ownership of financial institutions will likely pave the way for foreign insurers, fund managers and securities to invest in or compete with China's firms. 16 November 2017
Insurance
Commercial insurance provider CNA has appointed Al Miralles to replace Mark Verheyen as its new chief risk officer (CRO). 16 November 2017
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