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Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company. 11 May 2017
Insurance
Gross written premiums (GWP) at Beazley shrank slightly in the first quarter as the company bemoaned a “very challenging” rating environment but there was good news on its specialty book which both grew and enjoyed rate increases. 11 May 2017
News
Reinsurance broker and consultant JLT Re has appointed Graham Barden and Jon Warner to its aviation team as partners, based in its London office. 11 May 2017
Insurance
Leigh Ann Pusey, the president and CEO of the American Insurance Association (AIA) is stepping down on June 9, 2017 after leading the property/casualty insurance trade organisation since 2009. 11 May 2017
Insurance
Insurance broker Charles Monat Associates (CMA), which has a prominent presence in Asia, has agreed to a management buyout (MBO) to acquire 100 percent of the global wealth solutions business of Willis Towers Watson. 11 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has added construction insurance to its portal enabling brokers to quote and bind risks online. 11 May 2017
News
Bermuda-based RenaissanceRe has seen its combined ratio deteriorate in the first quarter of 2017 due to the change of the personal injury Ogden discount rate in the UK and higher personal claims. 3 May 2017
Insurance
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business. 2 May 2017
Insurance
Property/casualty insurer Chubb has announced new management roles and promotions in the UK and Ireland to further build its presence in the middle market. 27 April 2017
Insurance
Bermuda-based Validus Holdings recorded a sharp drop in net income on lower underwriting income and a deteriorating combined ratio. 27 April 2017
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