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Greenlight Re COO leaves after less than a year
Insurance
Cayman Islands-based specialist property and casualty reinsurer Greenlight Capital Re's (Greenlight Re's) chief operating officer (COO) Michael Belfatti is stepping down from his position as of Sept. 1, 2018.   23 July 2018
JLT taps Beazley, Marsh, Aon for European cyber expansion
Insurance
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has expanded its European cyber practice based in London and Stockholm with the appointment of four new members.   23 July 2018
Insurance
Specialty re/insurer Brit has appointed Stephen Quinton to the role of class underwriter, kidnap and ransom (K&R), effective as of Sept. 3. He joins Brit from Travelers Syndicate Management.   23 July 2018
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has appointed James Sharpington as an underwriter in its Pioneer CAT team.   23 July 2018
Insurance
The average fine per prosecution brought by the UK government-sponsored Environment Agency (EA) against companies has increased six-fold in the last five years, according to research from global law firm Clyde & Co.   23 July 2018
Insurance
Persistent drought and high temperatures that impacted Northern Europe will likely result in significant losses for local agricultural production, according to the latest Aon Benfield Weekly Cat Report.   20 July 2018
Insurance
The internet has created a trust vacuum and by replacing outmoded and insecure centralized networks with distributed blockchain solutions insurers can reinstate control over private data, says risk academic and former CEO of Aon Benfield Analytics, Stephen Mildenhall.   19 July 2018
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has expanded its power, utility and construction team with four new appointments from JLT, Marsh and Miller.   12 July 2018
Insurance
Severe thunderstorms leading to flash floods and hail across the eastern two-thirds of the US in June led to $4 billion economic losses and $3 billion of claims for insurers, according to Aon’s Global Catastrophe Recap report.   11 July 2018
Insurance
Broker Aon has collaborated with property/casualty insurer Chubb and Lloyd’s to develop a standalone terrorism and political violence solution that addresses the demands of an increasingly regulated environment.   10 July 2018

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