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Insurance
Increases in loss and loss adjustment expenses, driven by cat losses and higher fire and weather related losses as well as lower average premiums have driven down United Insurance Holdings’ (UPC Insurance) full year results. 21 February 2017
Insurance
Intermediary Hyperion Insurance Group has appointed Mark Johnson as CEO of its Hong Kong-headquartered specialty marine business FP Marine Risks. 21 February 2017
Insurance
UK insurer RSA has expanded its partnership with the Africa-based insurance network Globus to five more territories in the region. 21 February 2017
Insurance
Marine protection and indemnity (P&I) insurers have strengthened their balance sheets in the past 12 months and benefited from low loss experience, leading S&P Global Ratings to take positive rating actions, including upgrading three insurers. 21 February 2017
Insurance
Markel Corporation has appointed Ashley Dillon as underwriting assurance director for the product line leadership team. 21 February 2017
Alternative Risk Transfer
The Cayman Islands Monetary Authority (CIMA) is streamlining applications for cat bond vehicles. 21 February 2017
Insurance
Trade credit insurer Euler Hermes has appointed Milo Bogaerts as CEO for UK and Ireland, effective from April 1. 21 February 2017
Insurance
London-based Lloyd's insurance broker Kinetic has appointed Ian Ashworth and Kieron Burrows to further develop its portfolio of broker accounts and binding authorities. 21 February 2017
Insurance
Re/insurance broker Miller has further expanded its facultative property team with the appointment of Mark Sherwin. 20 February 2017
Insurance
Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market. 20 February 2017
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