February 19, 2015
Greenlight Capital Re Ltd., which is based in the Cayman Islands, reported net income of $60.7 million for the fourth quarter of 2014, compared to net income of $83.9 million for the same period in 2013. Net income for the …
February 19, 2015
Kennesaw, GA, February 19, 2015 — Accomplished commercial insurance executive Jino Masone has joined Breckenridge Insurance Group as its new chief operating officer. Masone will oversee the sales, marketing, technology and enterprise solutions practices of this leading national specialty insurance …
February 19, 2015
The Navigators Group, Inc. announced that Navigators Underwriting Agency Ltd., its wholly owned Lloyd’s managing agency subsidiary, has created an International Casualty unit, which will “offer a range of liability solutions across three main product lines: General Liability, Environmental Impairment …
February 19, 2015
A report from the Tax Foundation challenges recent tax proposals including the White House’s 2015 budget that call for provisions to limit deductions of “legitimate business costs for tax purposes.” The report says that provisions that would eliminate the deduction …
February 19, 2015
PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, announced that its initial loss estimate of the insured property market loss for windstorm Elon-Felix, which affected Western and Northern Europe from 8 to 11 January 2015, is €328 …
February 19, 2015
Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to …
February 19, 2015
ACE Group announced the launch of a new luxury goods practice across Continental Europe. The launch of the practice follows research by ACE where almost six in ten European luxury goods companies taking part reported that globalization has increased the …
February 19, 2015
Guy Carpenter has appointed Matthew Eagle as managing director and head of international analytics. Eagle will be joining Guy Carpenter’s London office on August 1, following the end of his notice period. In his role as head of international analytics …
February 19, 2015
Swiss Re AG, swimming in excess capital after several years of lower-than-expected disaster claims, plans to shift to share buybacks to return cash to investors after three years of paying a special dividend. The world’s second-biggest reinsurer announced plans on …
February 19, 2015
All Risks, Ltd. has announced that Jeffrey White has joined the Atlanta office as a casualty and professional lines broker. White has prior experience in the wholesale and retail insurance sectors as a producer and branch manager. White will focus …