News
Insurance
Paul Jardine, previously Catlin’s chief operating officer and now responsible for XL Group’s communications & marketing function, claims and distribution strategy, is the favourite candidate for Inga Beale’s successor as CEO of Lloyd’s of London, according to a survey by Intelligent Insurer. 6 July 2018
Insurance
Intrepidus Insurance Services, a Bermuda insurance broker, has had its registration to operate revoked by the Bermuda Monetary Authority (BMA) following an investigation triggered by a complaint against the company. 4 July 2018
Insurance
Bermuda-based specialty re/insurer AXIS Capital Holdings has expanded its board of directors with the addition of Barbara Yastine. 28 June 2018
Insurance
Specialty managing general agent (MGA) Nexus Group has appointed Karen Morris to its board as an independent non-executive director of underwriting operations. 28 June 2018
Insurance
Property/casualty insurer Chubb has appointed Matthew Hardy as executive vice president of global energy, Chubb Overseas General. He replaces Roger Giddings who will leave Chubb later in the year. 28 June 2018
Insurance
US-based online insurance marketplace EverQuote has announced its initial public offering (IPO) that is set to raise nearly $84.4 million through the sale of 4,687,500 shares of Class A common stock at $18 per share, before underwriting discounts and commissions. 28 June 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International Holdings has developed a new suite of weather-driven risk management products tailored for the real estate and hospitality sectors. 28 June 2018
Insurance
The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results. 28 June 2018
Insurance
Grahame ‘Chily’ Chilton, the founding partner of Capsicum Re, is rejoining the specialist reinsurance broker later this year and step down from his role as UK chief executive officer (CEO) of Arthur J Gallagher. 21 June 2018
Alternative Risk Transfer
The Texas Windstorm Insurance Association (TWIA) has secured $1.4 billion in reinsurance coverage for the 2018 hurricane season, according to its annual report. 21 June 2018
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