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Insurance
Jay Nichols has resigned from his position of CEO of AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings. He has been replaced by Jan Ekberg on interim basis. 14 February 2017
Insurance
Cincinnati Insurance Companies has renewed its Skyline Re catastrophe bond as a private placement and expanded its indemnity-based collateralised reinsurance coverage by raising $180 million with the help of JLT Capital Markets (JLTCM). 13 February 2017
Insurance
Insured loss estimates from major natural catastrophes in 2016 reached $39.5 billion, the highest since the annual market losses of $60 billion in 2012, according to Willis Re’s 2016 Summary of Natural Catastrophe Events report. 10 February 2017
Insurance
Re/insurance broker Miller has expanded its UK facultative property team with the appointment of senior broker and producer Damian Richards. 10 February 2017
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has established a new office in London and filled key leadership roles with former AIG, Allied World, Chubb and Marsh executives. 8 February 2017
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired a Texas-based employee benefits consulting firm iaCONSULTING. 8 February 2017
Insurance
Attune, a technology-enabled company established by AIG, Hamilton Insurance and Two Sigma in September 2016, has appointed James Hobson as chief executive officer (CEO). 7 February 2017
Insurance
JLT Specialty, the US subsidiary of broker Jardine Lloyd Thompson, has appointed Robert Moussaid as senior vice president to further builds its power and utilities capabilities in Dallas. 7 February 2017
Insurance
Marsh & McLennan Companies enjoyed solid growth and improved profits in 2016 despite its investment income plummeting. 2 February 2017
Insurance
Towergate, an independent insurance intermediary in the UK, has made changes to the executive management of its subsidiary Paymentshield, whose CEO Steve Wood is leaving the business. 2 February 2017
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