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Insurance
Tower Group International (TGI)’s chairman, president and CEO Michael Lee has resigned from the company to “follow personal interests” with immediate effect. 7 February 2014
News
XL Group has appointed Christian Daniele as senior property facultative underwriter – reinsurance. He will be based in Zurich and will report to Alexander Galea, senior vice president and manager, property facultative. 21 January 2014
Insurance
ICAT, a provider of property insurance to businesses and residences in hurricane and earthquake exposed regions of the US, has appointed Megan McConnell as active underwriter for Syndicate 4242 at Lloyd’s. 16 December 2013
Insurance
The unusually quiet hurricane season is due to several factors, says RMS senior director Brian Owens. 13 December 2013
Reinsurance
As competition in the industry increases, strong relationships and effective partnerships are more important than ever, says Karen Schmitt, president of Maiden Re. 19 November 2013
Insurance
Research carried out by GR-NEAM has shown an inverse relationship between financial strength ratings and VaR, but the sheer size of a company also plays its part, says Dr Jim Bachman. 19 November 2013
article
The increasing presence and competitive nature of global insurers in the Latin American insurance markets has served to actually decrease the market’s potential for reinsurers as an increasing portion of premiums are being retained by these groups or placed through bigger international reinsurance deals. 12 November 2013
article
Alternative forms of reinsurance for natural catastrophes and regulatory issues will be the main themes of FIDES 2013, according to Maria Victoria Barbará, P&C underwriter at Brazil-based reinsurer Austral Re. 11 November 2013
article
While climate change poses many challenges and risks for insurers, it can also present opportunities for companies willing to innovate and stay ahead of the game, says Dan Brown, partner, Dentons. 30 October 2013
article
Hyperion Insurance Group, the international insurance intermediary group, has acquired – through its subsidiary DUAL – PGI Commercial (PGI), a property and casualty programme manager. PGI Commercial controls premiums approaching $200 million and is one of the largest independent underwriting agencies in the US. 30 October 2013
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