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Insurance
Gallagher replaces UK small business and personal lines leader
Insurance brokerage and risk management firm Arthur J Gallagher has appointed Gareth Birch as managing director of its UK small business and personal lines division, taking over the role from Martin Oliver who is set to leave the business at the end of October.   6 October 2017
Insurance
MS&AD reviews FY targets on potential $970m nat cat hit
Japan’s MS&AD, which houses Mitsui Sumitomo Insurance and MS Amlin among others, said on Oct. 6 that it is reviewing its consolidated earnings forecasts for the year ending March 31, 2018 as it expects nat cat losses in the range of $620 million and $970 million.   6 October 2017
Insurance
Hurricane Nate threatens Central America
Hurricane Nate may reach the northern Gulf Coast over the weekend with hurricane intensity, the US National Hurricane Center said on Oct. 6.   6 October 2017
News
Soft market to continue in 2018 despite recent nat cat events
The current soft property/casualty (P&C) reinsurance market is unlikely to harden in 2018 despite recent nat cat events, according to research firm CreditSights analysts.   6 October 2017
Insurance
Willis Re develops placement platform with TigerRisk
Broker Willis Re said on Oct. 6 that it is developing an online placement platform with broker and risk/capital management advisor TigerRisk Partners.   6 October 2017
News
Austral Re seeks international growth with LatAm expansion
Brazilian reinsurer Austral Re has announced its plan to expand in the Latin American region as its seeks to further build its overseas business.   6 October 2017
Insurance
Chubb makes new leadership appointments in NA major accounts
Property/casualty insurer Chubb has made several new leadership appointments in its North America major accounts division and field organisations.   6 October 2017
Insurance
Former Novae CFO joins AIG unit as head of reinsurance
American International Group (AIG) has appointed Charles Fry as head of reinsurance, operations and transformation, general insurance.   3 October 2017
Insurance
Swiss Re sees growing collaboration opportunities with insurers
Swiss Re sees growing opportunities to collaborate with primary insurers in the development of innovative products, growing its know-how and potentially gaining new business.   12 September 2017
Insurance
Chubb and Swiss Re partner over new flight cover
Chubb European Group, in partnership with Swiss Re and FlightStats, will underwrite a new insurance cover for airline travellers, according to a Sept. 8 statement.   8 September 2017

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