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Bermuda-based Qatar Insurance Company (QIC) continues expanding the business to become a “global top 50 insurance group” despite a challenging 2017. 24 January 2018
Insurance
Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings. 24 January 2018
Insurance
Chicago-based Kemper Corporation has hired Travelers executive Duane Sanders as president of property & casualty (P&C) division. 24 January 2018
Insurance
Lloyd's has granted coverholder status to specialty lines programme administrator Axon Underwriting, allowing it to underwrite and issue policies on behalf of certain Lloyd's underwriting syndicates. 24 January 2018
Insurance
Root Insurance, a car insurance company that operates entirely via mobile technology, has added availability in four new states in the US. 24 January 2018
Insurance
US property/casualty insurer Travelers has seen its underwriting income fall sharply in the fourth quarter as well as in the full year of 2017. 23 January 2018
Insurance
An extreme cyber incident that takes a top cloud provider offline in the US for 3 to 6 days would result in economic losses of $15 billion and up to $3 billion in insured losses, according to a Lloyd’s Jan. 23 press release. 23 January 2018
Insurance
XL Catlin’s insurance operation in France and Benelux has launched new local underwriting capabilities with the appointment of Eric Zandvliet as head of political risk, credit & bond (PRCB). 23 January 2018
Insurance
Ryan Specialty Group (RSG) has promoted Reza Khan to CEO and president of ThinkRisk Underwriting Agency and CorPro Underwriting Managers. 23 January 2018
Insurance
Paragon Insurance Holdings, a multi-line specialty managing general agency (MGA), has appointed Andrew Petersen as regional president and executive vice president (EVP) of reinsurance operations. 23 January 2018
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