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Insurance
Specialist trade insurance underwriter Nexus Credit Indemnity & Financial Services (CIFS), part of independent specialty managing general agent Nexus Underwriting, has appointed Ed Cornish as senior underwriter on its single situation trade credit team. 1 June 2016
Insurance
General insurance company RSA has completed the sale of its operations in Mexico 1 June 2016
Insurance
Italian insurance firm Generali has launched a subordinated bond in the format 32NC12 targeting institutional investors for an overall amount of €850 million ($948.05 million). 1 June 2016
Insurance
Citizens Property Insurance Corporation, a Florida-based windstorm coverage and general property insurance firm, has informed customers that there are some “important policy contract changes” coming up for Citizens multi-peril residential policyholders starting July 1. 1 June 2016
Insurance
Martin Senn, former chief executive officer (CEO) of Zurich Insurance, has committed suicide six months after leaving the company. 31 May 2016
Insurance
Proposals put forward by White Mountains Insurance Group have been approved at its annual general meeting of members, which was held on May 26 2016. 31 May 2016
Insurance
The General Insurance Association of Japan (GIAJ) has reported that the total amount of claims paid relating to the Kumamoto Earthquake, as of May 16, is ¥180.1 billion ($1.6 billion). 31 May 2016
Insurance
Nexus Underwriting, an independent specialty managing general agent (MGA), has signed a three-year underwriting capacity deal with XL Catlin in Asia through XL Insurance Company. 31 May 2016
Insurance
AXA has made a series of appointments to form a new management team that will support Thomas Buberl, the insurance firm’s incoming chief executive officer. 27 May 2016
Insurance
The board of directors of insurance firm Unum Group has authorised the repurchase of up to $750 million of the company’s outstanding common stock through November 26 2017. 27 May 2016
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