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Insurance
US-based Ryan Specialty Group (RSG) has appointed Kathy Burns as senior vice president, chief digital officer, based in Chicago. 5 May 2017
Insurance
Allianz Australia has appointed Richard Feledy as its new CEO, effective January 1, 2018. 5 May 2017
Insurance
Ratings agency AM Best has placed OneBeacon Insurance Group and its subsidiaries "under review with positive implications" following its acquisition by Intact Financial Corporation. 5 May 2017
Insurance
Industrial lines insurer HDI Global, a subsidiary of Hannover Re-owner Talanx, is strengthening its UK and Ireland client offering by creating a new leadership role within its claims department. 5 May 2017
Insurance
Bermuda-based Assured Guaranty’s recorded a substantial improvement in net profit in the first quarter due to fair value gains on credit derivatives and the acquisition of MBIA UK Insurance. 5 May 2017
Insurance
Florida-based homeowners’ insurer HCI reduced reinsurance purchases in the first quarter of 2017, boosting profits while price increases caused premium drop. 5 May 2017
Insurance
In tough times, leveraging the expertise and access to risks that many managing general agents possess can be an enticing prospect for insurers, as Intelligent Insurer discovers. 3 May 2017
Insurance
Speciality property/casualty insurance group AmTrust Financial Services (AFSI) should take a reserve charge “in the hundreds of millions of dollars” and commit to “much-improved disclosure” in order to restore investor confidence, according to analysts at Keefe, Bruyette & Woods. 3 May 2017
Insurance
Adam Szakmary, the former CEO and portfolio manager at Blue Capital Management, has joined Hiscox Insurance Company Bermuda as director of underwriting. He replaces Damien Smith, who is returning to London after six years in Bermuda to become the head of specialty for Hiscox Re. 3 May 2017
Insurance
Following the completion of its acquisition of Ironshore, property/casualty insurer Liberty Mutual has combined its existing Liberty International Underwriters (LIU) US business and Ironshore’s US specialty lines business under the Ironshore brand. 3 May 2017
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