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Validus Re, the reinsurance division of Validus, has appointed James Franson as president of Validus Americas, Validus Re’s US-based managing general agent. 28 July 2015
Insurance
The Association of British Insurers (ABI) has become embroiled in a row with British Airways (BA) over who should foot what could be a hefty bill relating to compensation resulting from the airline’s recent computer systems outage, which affected 75,000 passengers. 5 June 2017
Insurance
The former operations director at Ageas (Kwik Fit Insurance) Alan Brown has joined Consumer Intelligence, a Bristol-based market research agency that focuses on the insurance and banking sectors. 5 June 2017
Insurance
French reinsurer’s performance reflects defensive investment strategy and close monitoring of hedging and profit-taking actions. 15 September 2020
Insurance
Former Maiden Holdings CEO Arturo Raschbaum has been awarded a lump-sum cash payment of $2.2 million as part of his retirement package. 5 October 2018
Insurance
Global insurance premiums increased 1.5 percent to nearly $5 trillion in 2017, after rising 2.2 percent in 2016, according to the annually published "world insurance" sigma report. It also revealed that global life premiums increased 0.5 percent in 2017, while global non-life premiums rose 2.8 percent. Growth in both the life and non-life sectors slowed. 5 July 2018
Insurance
Zurich Insurance Group will remove around 240 jobs from the UK business as part of a major restructure within the organisation. The roles will be largely removed from back office and non-market facing areas. 20 January 2017
News
The Reinsurance Association of America (RAA) has appointed Adam Kerns as vice president, State Relations. 4 May 2017
Insurance
R&Q Commercial Risk Services (CRS), part of R&Q’s managing general agent (MGA), has increased its total underwriting capacity to £15 million as part of a long term capacity agreement to secure more business with small and medium-sized enterprises (SMEs). 8 August 2016
Insurance
Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy. 28 February 2019
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