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Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
News
Everest Reinsurance (Bermuda) has appointed new senior underwriters, Luke Armitage and Emma Gairdner, in its London team. 12 October 2017
Insurance
Risk Cooperative, a US-based specialist insurance and risk advisory firm, has received approval to operate as a coverholder at Lloyd’s for cyber insurance. 12 October 2017
Insurance
Barbican Insurance Group has appointed David Booth and Andy Caldwell to senior underwriting roles within the company. 12 October 2017
Insurance
AXIS Capital Holdings has made two appointments within the US Programs, property and casualty team of its AXIS Insurance business unit. 12 October 2017
Insurance
Pioneer Underwriters said on Oct. 12 that it is introducing higher primary general liability (GL) policy limit options for specialty contractors. 12 October 2017
Insurance
Ratings agency AM Best has appointed Riccardo Ciccozzi as director of market development, Europe, as part of its strategic growth initiative in Continental Europe. 12 October 2017
Insurance
The hedge fund reinsurance model has had plenty of critics but Greenlight Re is still going, still growing and proving them wrong, as Brendan Barry, chief underwriting officer, of Greenlight Re, tells Intelligent Insurer. 10 October 2017
Insurance
SJL Insurance Services said that it has achieved a “much sought after” Lloyd’s broker accreditation and also formed a new London markets division to facilitate and also further drive growth in the UK and worldwide. 9 October 2017
Reinsurance
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017. 9 October 2017
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