FAIRFAX Financial Holdings Limited announced that Peter CLARKE has been appointed Vice President (VP) and Chief Operating Officer (COO) of FAIRFAX, reporting to FAIRFAX President, Paul RIVETT.
Global re/insurance broker AON has named veteran AON leader, Lambros LAMBROU as Global Chief Executive Officer (CEO) of its Commercial Risk Solutions division.
Hannover-based insurer TALANX Group informed it has achieved FY2018 Group net income of EUR 703 million vs. EUR 670 million a year before, in line with "the outlook of around EUR 700 million published in October 2018".
ZURICH Insurance Group reported 2018 BOP of USD 4.56 billion vs. USD 3.80 billion a year before, while the net income after tax attributable to shareholders (NIAS) was up by 24% to USD 3.71 billion.
Swiss Re Corporate Solutions expanded its cyber offering by launching CyberSolution 360
Against a backdrop of modestly improved conditions from an overall perspective, Hannover Re increased its premium volume in traditional property and casualty reinsurance by 15.4% on a currency-adjusted basis to EUR 6.4 billion (EUR 5.6 billion) in the 1 January 2019 treaty renewals.
Burkhard KEESE has been confirmed as the Chief Financial Officer (CFO) of Lloyd's following the unanimous approval of his appointment as successor to John PARRY by the Council of Lloyd's.
LLOYD's announced in a statement the appointment of David DUCLOS as Non-Executive Chairman of LLOYD's Global Network, where "he will play a key advisory role in the development of Lloyd's international network. David will take up the position at Lloyd's immediately".
ZURICH Insurance Group announced that the Board of Directors will propose to elect Michael HALBHERR and Barry STOWE to the Group's Board of Directors. The election will take place at the Annual General Meeting on April 3, 2019.
MUNICH Re informed its Q profits fell by 56% y-o-y to EUR 238 million, impacted by the California wildfires in November and volatile financial markets towards the end of year. The group's FY 2018 net profit of EUR 2.2 billion is in line with its target of EUR 2.1 - 2.5 billion.
Italian insurer GENERALI informed that its assistance provider in insurance field - EUROP ASSISTANCE -has acquired from Arthur GALLAGHER a 100% stake of TRIP MATE, a managing general agent leader in the tour operator travel insurance market in the United States.
Adam ROMAN, board member of Ergo Hestia (Poland), will hold the position of Head of Global P&C of the ERGO group, effective 1 March. His tasks will include supervision over property insurance of the group in the areas of underwriting, actuarial and pricing, as well as reinsurance.