News
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
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
Insurer Chubb has appointed Lou Capparelli as executive vice president of its global casualty business unit within the company's North America major accounts division. 13 September 2017
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
Insurance
V3 Insurance Partners, a specialty insurance programme administrator, has appointed its chief operating officer Brian Janitschke as president, replacing outgoing president and CEO Susan Rivera. 4 April 2018
Insurance
Iberian Insurance Group (IIG), a specialist managing general agent (MGA), has been launched to focus on the growing small to medium-sized (SME) insurance market in Spain. 17 March 2015
Insurance
Insurers exposed to UK liability business face big hikes in their reinsurance pricing and continued uncertainty as a result of recent changes made to the personal injury discount rate in the UK despite many having already reported sizable one-off reserve charges in recent result, according to AM Best. 5 June 2017
Insurance
Zurich North America has appointed David Putz to lead its alternative markets division. He will assume the role currently held by Kathleen Savio, who will transition to Zurich North America CEO. 9 November 2017
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