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Insurance
European reinsurers avoid Berkshire retroactive reinsurance competition
European reinsurers are shunning retroactive reinsurance while seeking growth opportunities, leaving Berkshire Hathaway unencumbered by competition, according to research by Jefferies.   10 April 2018
Insurance
Beecher Carlson names new CEO, COO
Beecher Carlson Insurance Services, the specialised large account subsidiary of Brown & Brown, has promoted Joseph Siech to chief executive officer and Scott Davis to chief operating officer.   10 April 2018
Insurance
Protection gap in cyber, health more acute than in nat cat
The protection shortfalls in cyber and healthcare risks are more dramatic than for natural catastrophe risk, according to the study “Understanding and Addressing Global Insurance Protection Gaps” released by The Geneva Association.   10 April 2018
Insurance
Lloyd’s broker AFL taps chief commercial officer from JLT
Independent Lloyd’s broker AFL has appointed Jonathan Bines, formerly a specialty property & casualty senior partner at JLT, as chief commercial officer.   10 April 2018
Insurance
Ransomware most prevalent malicious software
Ransomware is the most prevalent variety of malicious software and attacks doubled since 2017, according to Verizon’s 2018 Data Breach Investigations Report (DBIR).   10 April 2018
Insurance
Gallagher makes acquisition for transportation brokerage expansion
Insurance brokerage and risk management firm Arthur J Gallagher has acquired Houston-based retail property/casualty broker Integrity Transportation Insurance Agency.   10 April 2018
Insurance
LMG appoints Horton as new chair
The London Market Group (LMG) has appointed Andrew Horton, CEO of Beazley as its new chair with effect from May 4, 2018.   9 April 2018
Insurance
IUA CEO: Poor quality business weighs on re-Takaful market
The global re-Takaful market has suffered from poor quality business underwriting intrinsically linked to the underperformance of the primary Takaful sector, said Dave Matcham, chief executive of the International Underwriting Association in a speech delivered April 9 at the World Takaful Conference in Dubai.   9 April 2018
Insurance
Maiden explores strategic options
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise.   9 April 2018
Insurance
Sompo bolsters US operations with AIG and AXIS hires
Bermuda-based property and casualty re/insurer Sompo International has appointed Jonathan Monks and Ben Tasse to strengthen broker/agent relations, business development strategies and interactions with key US distribution markets.   9 April 2018

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