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Fidelis replaces chief underwriting office in restructuring move
Insurance
Bermuda-based Fidelis Insurance is replacing its chief underwriting officer and Bermuda CEO Ben Savill who will “leave to pursue other opportunities”.   14 September 2018
Hurricane Florence to cause $30-60bn economic loss
Insurance
Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather.   14 September 2018
Hurricane Florence hits US East Coast
Insurance
Tens of thousands of homes are without power and sea water is sloshing through coastal streets as hurricane Florence begins lashing the US East Coast, according to a BBC News Sept. 15 report.   14 September 2018
Insurance
A recovery of the US excess and surplus (E&S) lines insurance market is benefitting US property & casualty (P/C) insurance companies, according to a Fitch Ratings report.   14 September 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Lewis Edwards to the newly created role of head of underwriting, delegated authority for specialty lines.   14 September 2018
Insurance
French reinsurer SCOR is in exclusive negotiations with the employee support services provider Workplace Options to sell SCOR Global Life's employee wellness solutions subsidiary Rehalto.   14 September 2018
Insurance
Legal & General Group has completed a £4.4 billion buy-in for British Airways pension scheme, Airways Pension Scheme (APS).   14 September 2018
Insurance
Typhoon Mangkhut will landfall along the northeastern coast of Luzon, Philippines within the next 20 hours as a very intense category 5 super typhoon, according to Aon’s Impact Forecasting Cat Alert.   14 September 2018
Insurance
Boston-headquartered Liberty Mutual Insurance is rebranding its Liberty International Underwriters (LIU Canada) and Ironshore Canada units as Liberty Mutual Canada.   14 September 2018
Insurance
Validus Specialty has expanded its product suite with the launch of crisis management insurance solutions in the US, and appointed Jane McCarthy to lead the development of the new portfolio.   14 September 2018

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