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Insurance
Specialist insurer Markel International has restructured the leadership of its trade credit, political risk and surety business lines. 6 April 2018
Insurance
Danish insurer Tryg's group chief financial officer Christian Baltzer has resigned from the company to take up the position of CFO at Danske Bank. 6 April 2018
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed Nicholas Pooley as the new aviation major risks product lead for North America, based in New York. 5 April 2018
Insurance
Lloyd’s of London made a heavy loss in 2017 after being hit hard by the US hurricane season. While this may have been expected due to the market’s gearing towards US natural catastrophes, Lloyd’s top executives are now urging the market to boost profits by curbing costs and being more cautious with its risk selection. 5 April 2018
News
JLT Re North America, a subsidiary of Jardine Lloyd Thompson Group, has made three executive appointments to strengthen its business across the region. 4 April 2018
Insurance
Lloyd’s Broker Endeavour Insurance Services has launched a new cyber security coverage programme that aims to fill a gap in the market covering manufacturers from the risk of physical damage caused by cyber-attacks. 4 April 2018
Insurance
Argenta Holdings is establishing a special purpose arrangement (SPA) in conjunction with its parent company Hannover Re after it received approval from the Lloyd’s franchise board. 3 April 2018
News
The Export-Import Bank of the US (EXIM) has developed a reinsurance programme with major players like XL Catlin and Liberty Specialty Markets to share risk and provide an additional $1 billion in loss coverage for a significant portion of EXIM’s existing portfolio of large commercial aircraft financing transactions. 3 April 2018
News
Reinsurers’ 2017 profitability declined to the lowest level since 2005, when the industry was affected by hurricanes Katrina, Rita and Wilma, Moody’s said in an April 2 report. 3 April 2018
Insurance
The Lloyd’s Market Association (LMA) has appointed David Croom-Johnson, managing director of Aegis Managing Agency, to its board. 3 April 2018
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