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Insurance
Trump Administration’s proposed spending cuts to the Federal Emergency Management Agency (FEMA) would put lives, property and taxpayer dollars at risk, according to SmarterSafer. 17 March 2017
Insurance
US property/casualty insurer Great American Insurance Group has appointed Mark Conklin as the divisional president of its professional risk insurance unit that provides excess casualty coverages for medium to large-sized companies. 17 March 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has delayed its 2016 consolidated financial statements (10-K) and said that the company's 2014 and 2015 financial reports will be restated and should no longer be relied upon. 17 March 2017
Insurance
While Munich Re is currently shrinking its share of traditional reinsurance business, due to the current soft market, it is also investing in technology to create alternative growth opportunities through the coverage of new risks and advisory for risk prevention. 16 March 2017
Insurance
Harnessing "big data" is proving essential for insurers seeking to maintain and increase market share and profitability, Fitch Ratings says. 16 March 2017
Insurance
UK-based general insurer RSA has appointed James Gearey as managing director (MD) for its Commercial Risk Solutions (CRS) unit with effect from June 2017. 16 March 2017
News
Specialist property/casualty reinsurer Greenlight Re Ireland, a subsidiary of Greenlight Capital Re, has promoted a former Liberty Insurance executive to the position of chief executive officer. 16 March 2017
Insurance
Profits at Generali remained stable in 2016 despite what the company called a challenging macroeconomic environment and low interest rates and while gross written premiums shrank slightly overall, the company property/casualty unit enjoyed some growth. 16 March 2017
News
Swiss Re has unveiled plans to return Sfr1 billion ($1 billion) of capital to shareholders via a share buyback scheme that will be completed before its next AGM in April 2018, as it struggles to find business opportunities that meet its objectives. 16 March 2017
Insurance
Underwriting in the European reinsurance market remains under pressure but there are signs that rate declines are reducing and pricing is beginning to stabilise in some markets, according to Fitch Ratings. 16 March 2017
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