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Insurance
Specialist insurer Markel International has appointed Monica Novella as assistant cargo underwriter in its marine, energy and property business. 21 March 2017
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has launched a new professional liability product in Canada with the appointment of Geoffrey Kendrick as head of professional lines in the country. 21 March 2017
Insurance
Specialist Lloyd's insurer Neon has launched a new marine and offshore construction consortium that offers $70 million capacity for shipyard construction and $55 million for rig construction. 21 March 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Jon Fox as the executive general manager (EGM) of claims, and Andrew Corbett as general manager of its fully owned subsidiary Elders Insurance. 21 March 2017
News
Reinsurance broker JLT Re has partnered with risk modelling company KatRisk to offer flood modelling in Canada. 21 March 2017
Insurance
In a letter to Treasury Secretary Steven Mnuchin, four insurance industry trade bodies in the US including the Reinsurance Association of America have reiterated their strong support for the Covered Agreement that was recently negotiated by the US and EU that resolved significant prudential insurance and reinsurance matters. 21 March 2017
Insurance
US-based RMC Group, an insurance, risk management and actuarial consulting firm, has opened new offices in the UK to expand its presence in the European market. 21 March 2017
Insurance
The UK Government has startled the re/insurance industry by decreasing the personal injury (Ogden) rate by far more than had been expected, causing companies to revise their profit results mid-reporting season. 1 March 2017
Insurance
Australia’s QBE is observing that business that in the past went through the London Market is increasingly being processed at other international locations, driven by cost pressure and client demands. 28 February 2017
Insurance
The magnitude of the UK’s reduction of the personal injury rate has shocked the UK insurance industry and raised concerns also among reinsurers, which are expected to be particularly hard hit. 28 February 2017
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