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Insurance
DUAL North America replaces CEO
DUAL North America said on Oct. 6 that Justin Tweedie will be succeeded as CEO by Jon Beckham effective January 1, 2018.   9 October 2017
Insurance
Swiss Re’s ReAssure attracts ₤800m investment from Japan
Swiss Re has reached an agreement with Japanese insurance group MS&AD for an investment into ReAssure, its closed book business, of up to ₤800 million.   6 October 2017
Insurance
The Hanover expects up to $225m cat hit
The Hanover Insurance Group said on Oct. 5 that it estimates third quarter catastrophe losses to be in the range of $185 million to $225 million before taxes and net of reinsurance.   6 October 2017
Insurance
Argo Group poaches Travelers exec as international chief underwriting officer
Bermuda-based Argo Group International Holdings has appointed Steve Eccles as the chief underwriting officer (CUO) for its international business.   6 October 2017
Insurance
Navigators expects up to $70m pre-tax nat cat loss
Specialty insurer Navigators Group said on Oct. 5 that its estimated financial impact from natural catastrophes in the third quarter ranges from $50 million to $70 million before taxes.   6 October 2017
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

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