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Liberty Mutual Insurance has appointed Shelia Anderson to the newly-created role of corporate functions chief information officer, reporting to executive vice president and chief information officer (CIO) James McGlennon. 7 March 2018
Insurance
Ironshore subsidiary and managing general agent (MGA) Iron-Starr Excess Agency has expanded its partnership with Oil Casualty Insurance (OCIL) to underwrite property lines. 7 March 2018
Insurance
Langhorne Holdings has appointed Craig Fowler as CEO of its Bermuda-based underwriting platform Langhorne Reinsurance. 7 March 2018
Insurance
Fitch Ratings has placed the ratings of XLIT (XL, a Cayman Islands subsidiary of XL Group) and its property/casualty re/insurance subsidiaries on Rating Watch Positive from Negative Outlook following the planned acquisition by AXA. 7 March 2018
Insurance
Fitch Ratings has threatened to downgrade AXA following the plan to acquire XL Group due to financing risks related to the planned IPO of AXA’s US subsidiary. 7 March 2018
Insurance
Specialty re/insurer Canopius has appointed Mike Duffy chief executive of Canopius Managing Agents, the group’s principal regulated entity, in addition to his existing role as group chief underwriting officer. 7 March 2018
Insurance
Energy executives are increasingly concerned about the impact of cyber-attacks on their operations, according to insurance broker Marsh. 7 March 2018
Insurance
UK insurer Esure has seen its reinsurance costs rising by 33 percent during renewal in 2017 due to the UK’s Ogden personal injury discount rate change. 7 March 2018
Insurance
Chris Branch, the former global head of Beazley's life, accident and health division, has joined US-based Avoca Risk Underwriting Solutions (ARUS) where he will work with the executive team and Avoca group shareholders. 7 March 2018
Insurance
The written premium for the commercial cyber liability market is estimated to reach $6.2 billion by 2020 with annual take-up rates growing 20 to 30 percent during the next years, according to a report by data analytics provider Verisk. 7 March 2018
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