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Insurance
S&P Global Ratings has lowered the ratings on Switzerland-based Allied World which has been acquired by Canada-based Fairfax. 11 July 2017
Insurance
US-based Ryan Specialty Group (RSG) has formed its first specialty financial lines managing general underwriter (MGU) focused on Latin America, and has hired Pascal Alvarez and David Gonzalez to lead the operation. 11 July 2017
Alternative Risk Transfer
Specialist Lloyd's insurer Neon has hired Mark Gibson as reinsurance and alternative capital director, reporting to managing director Ian Martin. 11 July 2017
Insurance
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Andreas Graham to join its excess casualty team and lead the expansion of energy portfolio and capabilities. 11 July 2017
Insurance
TigerRisk Partners, the reinsurance broking and risk/capital management firm, has joined R3 and the Association for Cooperative Operations Research and Development's (ACORD) distributed ledger (DLT)/ blockchain technology platform. 11 July 2017
Insurance
Specialty re/insurer Sompo Canopius has appointed Tim Phillips as credit and political risk underwriter. 11 July 2017
Alternative Risk Transfer
The Risk Management Institution of Australasia (RMIA) has appointed Scott Ryrie as its new chief executive officer (CEO). 11 July 2017
Insurance
S&P Global Ratings has revised the outlook for Bermuda-based AXIS Capital Holdings to negative from stable, reflecting its concerns that AXIS' capital redundancy will significantly diminish after the deal acquisition of Novae Group. 10 July 2017
Insurance
Ensurance said July 10 that its newly-created managing general agency has entered into a partnership agreement with Swiss Re Corporate Solutions and XL Catlin, and received Lloyd's coverholder status for its UK operations. 10 July 2017
Insurance
Norway's Protector Forsikring, the insurer on the London Grenfell tower block that has been devastated by fire killing at least 80 people, has raised its expected gross claims from the tragedy to £50 million in its second quarter results report. 10 July 2017
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