News
Insurance
Lloyd’s has posted its first aggregate pre-tax loss in six years as major claims more than doubled in 2017, causing an underwriting loss of £3.4 billion. 21 March 2018
Insurance
AXIS is paying the departing CEO of AXIS accident & health (A&H), Christopher DiSipio, a severance payment of $1.8 million. 21 March 2018
Insurance
Rating agency AM Best has a negative outlook on the UK’s non-life market as the negative impact from the challenges the UK sector is facing is likely to last. 21 March 2018
Insurance
Lloyd’s, the specialist insurance and reinsurance market, has appointed Dawnmarie Black as US Northeast regional director. 21 March 2018
Insurance
Bermuda-domiciled insurance and reinsurance holding company Paraline has appointed Paul Rayner as active underwriter of Paraline Syndicate 4242 and SPA 6123. 21 March 2018
Insurance
Risk advisor and broker JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Josh Forbes as senior vice president to build its US property practice. 21 March 2018
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has unveiled a new management structure for its Bermuda team that includes new hires and expanded roles. 20 March 2018
Insurance
The New Zealand government is set to increase the cap limit on residential building earthquake cover (EQC) to $150,000 from previously $100,000. 20 March 2018
Insurance
Broker Aon UK has hired Matt Kimber as new chief risk officer (CRO) from Jardine Lloyd Thompson Group (JLT). 20 March 2018
Insurance
Capsicum Re is to serve as a reinsurance broker for Arch Capital Group’s new mortgage credit risk transfer programme IMAGIN, a part of its new Washington DC-based subsidiary Arch MRT. 20 March 2018
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