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Insurance
A series of winter storms in the US have caused a total combined economic damage of around $3 billion, according to Aon Benfield estimates. 5 April 2018
Insurance
Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer. 5 April 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has promoted Alex Dugand to regional managing director for Asia, reporting to CEO Charles Franks. 5 April 2018
Insurance
Chubb is joining forces with insurtech Bunker Technologies to accelerate new insurance product development for a flexible working environment. 5 April 2018
Insurance
Lloyd’s of London made a heavy loss in 2017 after being hit hard by the US hurricane season. While this may have been expected due to the market’s gearing towards US natural catastrophes, Lloyd’s top executives are now urging the market to boost profits by curbing costs and being more cautious with its risk selection. 5 April 2018
Insurance
V3 Insurance Partners, a specialty insurance programme administrator, has appointed its chief operating officer Brian Janitschke as president, replacing outgoing president and CEO Susan Rivera. 4 April 2018
Insurance
XL Catlin’s insurance unit has made several promotions and appointments in its global life, accident and health teams in the UK. 3 April 2018
Insurance
Large primary carriers are re-entering the reinsurance market after having largely abandoned the sector in the 1990s and early 2000s, according to Willis Re CEO James Kent. 3 April 2018
Insurance
Bermuda-based White Mountains Insurance Group has agreed to acquire a majority stake in NSM Insurance Group, a US-based specialty insurance programme administrator, for approximately $388 million. 3 April 2018
Insurance
Tokio Marine HCC has appointed Susan Rivera as executive vice president and chief operating officer. Rivera was a founding shareholder of V3 Insurance Partners. 3 April 2018
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