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Insurance
Commercial insurance brokers will need to have evolved into real business advisors for their small and medium-sized (SME) customers by 2027 or face extinction, warns a new report from the Chartered Insurance Institute (CII)’s Insurance Broking Faculty. 27 April 2017
Insurance
Chubb enjoyed a very profitable first quarter and strong growth aided by underwriting income generated by the property/casualty business leading to substantial underwriting income and improved investment returns. 26 April 2017
Insurance
The chief executive and director of Blue Capital Reinsurance Holdings, which is owned by Endurance, has resigned with immediate effect. 26 April 2017
Insurance
Arch Capital Group enjoyed improved profits and strong growth in the first quarter of 2017 mainly driven by the strong performance of its growing mortgage business. Its reinsurance unit shrank slightly. 26 April 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has appointed Stuart Sutherland as its new head of casualty. 26 April 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed John Plummer as chairman of its property/casualty business. 26 April 2017
Insurance
London firm Pen Underwriting has entered a strategic partnership with specialist insurer Markel International to strengthen its presence in the equestrian market and drive product innovation in the sector, the company said in a statement. 26 April 2017
Insurance
US-based commercial insurance provider CNA Financial Corporation has appointed Nick Creatura to the position of president and chief executive officer (CEO) for its Canadian operations. His appointment is effective from May 15. 26 April 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Mark Baxter as new chief risk officer, replacing Anna Gould, who takes on the new position of head of claims technical and governance. 26 April 2017
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Karen Montellier as yacht underwriter. He will report to hull and yacht class underwriter Michael Thompson. 26 April 2017
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