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Insurance
Former DARAG CEO Arndt Gossmann and brokerage sales expert Gerd Meyer have resurfaced at composite insurer Schwarzmeer- und Ostseeversicherungs-AG (SOVAG) as the new members of its management board. 12 May 2017
Insurance
The Lloyd’s Market Association (LMA) and Association of British Insurers (ABI) have called for a major overhaul to the way personal injury discount rate is set, citing the existing framework as "fundamentally flawed". 12 May 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany’s Allianz, is working with insurtech Praedicat to better predict the key catastrophe liability risks of the future. 12 May 2017
Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
Hudson Structured Capital Management (HSCM) acted as a lead investor in the recent $45.5 million private debt arrangement for Catalina General Insurance, a subsidiary of Catalina Holdings (Bermuda), the company has revealed. 12 May 2017
article
Both profits and growth dipped at Italian insurer Generali in the first quarter as the company blamed a more disciplined underwriting approach in its life business and a lower investment result due to its policy of reducing realised gains. 11 May 2017
Insurance
Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company. 11 May 2017
Insurance
Gross written premiums (GWP) at Beazley shrank slightly in the first quarter as the company bemoaned a “very challenging” rating environment but there was good news on its specialty book which both grew and enjoyed rate increases. 11 May 2017
News
Reinsurance broker and consultant JLT Re has appointed Graham Barden and Jon Warner to its aviation team as partners, based in its London office. 11 May 2017
Insurance
Leigh Ann Pusey, the president and CEO of the American Insurance Association (AIA) is stepping down on June 9, 2017 after leading the property/casualty insurance trade organisation since 2009. 11 May 2017
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