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Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Chris Sawyer to the role of manager, global financial risks (GFR) for the Asia-Pacific region. 23 January 2018
Insurance
Boston-based Liberty Mutual Insurance is reorganising its property/casualty (P&C) while appointing a new chief financial officer and selling its life business for $3.3 billion. 22 January 2018
Insurance
Loss estimates for the HIM Hurricanes (Harvey, Irma & Maria) are beginning to rise, according to investment firm Jefferies. 22 January 2018
Insurance
UK car insurance prices fell by an average of 1.3 percent In the final quarter of 2017, the largest quarterly reduction in premiums seen in more than three years, according to the latest Confused.com Car Insurance Price Index in association with Willis Towers Watson. 22 January 2018
Insurance
UK insurance intermediary Ardonagh Group has sold its remaining stake in the Broker Network business to Nevada Investment Holdings in exchange for a cash consideration of up to £30 million. 22 January 2018
Insurance
QBE Insurance has hired Allianz executive Aaron Gavin as head of SME (small and medium enterprises) for its Australian and New Zealand operations. 22 January 2018
Insurance
Protective Life Corporation, a wholly owned US subsidiary of Dai-ichi Life Holdings, agreed with Lincoln Financial Group to acquire via reinsurance the individual life and annuity business of Liberty Life Assurance Company of Boston. 19 January 2018
Insurance
Capital dedicated to reinsurance continued to grow in 2017 despite catastrophe losses, according to Guy Carpenter research. 18 January 2018
Insurance
Higher pricing following the major catastrophe losses in 2017 together with a lower US tax rate is set to boost property/casualty (P&C) earnings in 2018, according to Morgan Stanley research. 18 January 2018
Insurance
Specialty managing general agent (MGA) Nexus Group has hired former chief underwriting officer of AmTrust at Lloyd’s Mike Sibthorpe amid a management shake-up and a potential initial public offering (IPO) this year. 18 January 2018
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