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Insurance
Tokio Marine Holdings’ (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational efficiency in the group's underwriting businesses, Fitch Ratings says. 12 November 2018
Insurance
The Global Federation of Insurance Associations (GFIA) has elected Recaredo Arias as its new president and a member of its executive committee. 12 November 2018
Insurance
Specialist re/insurance broker BMS Group has hired Duncan Hayward as a director in its energy division. 12 November 2018
Insurance
Structured reinsurance solutions drove impressive growth at Hannover Re across the first nine months of the year as it also confirmed that it anticipates a profit of more than €1 billion this year, even making allowance for a one-time charge from its life and health reinsurance business. But its CEO also warned on what he called sustained intense competition. 8 November 2018
Insurance
Barbican Syndicate 1955 has received the Lloyd’s approval for its 2019 business plan which includes a withdrawal from property insurance, marine cargo and hull insurance, and professional indemnity (PI) insurance. 8 November 2018
Insurance
As it readies to be taken over by The Hartford Financial Services in a deal that values it at $2.1 billion, Navigators Group posted a solid set of results and returned to profit in the third quarter of 2018. 8 November 2018
Insurance
Zurich Insurance Group posted a stable set of results for the first nine months of the year with its life business and Farmers Exchanges performing well though its CFO warned on the challenging environment it is seeing on the property/casualty side of things. 8 November 2018
Insurance
Beazley enjoyed solid growth in the first nine months of the year, partly driven by big increases in its property unit and average rate increases on renewal business of 3 percent; it also revealed it will cease underwriting construction and engineering business because of unsustainable rates in these sectors. 8 November 2018
Insurance
Profits at Italian insurer Generali soared in the first nine months of 2018 boosted by a number of factors including disposals; it also enjoyed strong growth in both its property/casualty and life units. 8 November 2018
Insurance
Specialty re/insurer Brit has hired Beazley's Jeff Norton as senior vice president, cyber & technology for Brit Global Specialty USA (BGSU). 8 November 2018
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