Archive for November 2015

ACE Ltd. announced the senior leadership team it intends to appoint for the new Chubb Group’s Overseas General Insurance division. This division comprises two major businesses: one with distribution through retail brokers in five regions of the world – Asia … Read More Read more here:: Insurance Journal       

ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and … Read More Read more here:: Insurance Journal       

Markel Corp. reported that, Thomas S. Gayner, 53, president and chief investment officer, and Richard R. Whitt, III, 51, president and co-chief operating officer, will serve as co-chief executive officers of the company starting in the new year. In addition, … Read More Read more here:: Insurance Journal       

The California Department of Industrial Relations has posted the state’s 2014 occupational injury and illness data, which offers a look at employer-reported injuries involving days away from work. The data shows that the incidence of occupational injuries remained at its lowest … Read More Read more here:: Insurance Journal       

Maurice “Hank” Greenberg, who spent four decades at American International Group Inc., would consider investing in the insurer he helped build into the world’s largest before the financial crisis, his lawyer David Boies said. “If they’re selling, I think Hank … Read More Read more here:: Insurance Journal       

A U.S. appeals court this week denied ride service Uber’s request to immediately appeal an order approving class certification in a lawsuit filed by drivers who wish to be deemed employees. The ruling, from the 9th U.S. Circuit Court of … Read More Read more here:: Insurance Journal       

Regional health system Avera Health is buying the DAKOTACARE health insurance company, creating what it says will be the second-largest health insurer in South Dakota. The two Sioux Falls-based companies announced their intent Thursday. They did not immediately disclose the … Read More Read more here:: Insurance Journal       

Britain’s biggest insurers will be exempt from having their most important indicator of financial health externally audited under proposals issued by the Bank of England on Friday. New European Union rules will require British-based insurance firms from January to meet … Read More Read more here:: Insurance Journal       

RenaissanceRe Holdings Ltd. announced that Hugh Brennan, currently finance director at RenaissanceRe Syndicate Management Ltd., will become RSM’s chief executive officer, effective for 2016. Brennan joined RenaissanceRe in Bermuda in 2009, subsequently moving to London and assuming a series of … Read More Read more here:: Insurance Journal