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Insurance
JLT Specialty, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gavin Shiels as senior vice president. 6 April 2017
Insurance
Against a backdrop of a deteriorating rating environment, overcapacity and downturn in the industry, the energy insurance market continue to face its lowest rating environment in several decades, according to the latest quarterly Energy report from Lloyd & Partners. 6 April 2017
Insurance
Terrorist attacks increased 14 percent worldwide in 2016, and are affecting an ever-wider set of businesses in more countries with more diversified tactics and intent to kill, broker Aon said in its 2017 Risk Maps for Political Risk, Terrorism and Political Violence. 6 April 2017
Insurance
Airmic, the UK-based insurance and risk management association, has appointed John Ludlow as the new CEO with effect from June 13. 6 April 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexandra Paton as head of Continental Europe for global financial risks (GFR). 6 April 2017
Insurance
Insurance lobby groups have expressed their disapproval of EIOPA’s new Ultimate Forward Rate (UFR) methodology will be applied for the first time in the calculation of the risk-free interest rates of January 2018. 6 April 2017
Insurance
Stephen Catlin, the executive deputy chairman of XL Group, is retiring from the company at the end of 2017, the Bermuda-based re/insurer announced in a statement. 5 April 2017
Insurance
Re/insurer QBE, marine underwriting agency Proteus, and Australian broking group Steadfast have entered a strategic partnership in the marine insurance segment. 5 April 2017
Insurance
Lloyd’s fined Amlin Underwriting Limited (AUL) £630,000 for breaches of the Lloyd’s Premium Trust Deed (PTD) and for failings in its response to those breaches. 3 April 2017
Insurance
Bahrein-based re/insurer Trust Re said its profits fell to $18.8 million in 2016 from $30.8 million a year ago, driven by lower investment income. 3 April 2017
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