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Peak Reinsurance is mulling over a possible flotation in Hong Kong to support the reinsurer’s long-term growth and development, AM Best said in its Sept. 5 Best Week Asia-Pacific edition, citing Fosun International chief financial officer Robin Wang. 6 September 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Marnix de Kievit to the newly-created role of senior underwriter professional indemnity for the Netherlands. 4 September 2017
Insurance
Currently a category 3 hurricane, Irma is increasingly likely to make landfall in the US, according to research by broker JLT Re. 4 September 2017
News
The profitability of the reinsurance industry is set to fall in 2017 due to low prices and Hurricane Harvey, Moody’s said in a Sept. 4 report. 4 September 2017
Insurance
Insurance firm Starr Companies has appointed Nick Lawrence as chief underwriting officer for the liabilities group. 4 September 2017
Insurance
The National Flood Insurance Program (NFIP) has received more than 67,000 claims related to Hurricane Harvey as of Sept. 3, 2017. 4 September 2017
Insurance
Re/insurer XL Catlin's global excess casualty insurance business has realigned its US Central region and announced the appointment of new regional underwriting managers. 4 September 2017
Insurance
Trade credit insurer Euler Hermes has appointed Christophe White as head of its UK transactional cover unit. 31 August 2017
Insurance
Specialist Lloyd's insurer Neon has appointed former Hiscox underwriter Ben Murphy to its property insurance team in London. 31 August 2017
Insurance
The US property/casualty (P&C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017, a deterioration from the loss of $2.0 billion in the prior year period, according to ratings agency AM Best. 30 August 2017
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