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Insurance
AM Best has assigned a financial strength rating (FSA) of A- and an issuer credit rating of a- to Watford Insurance Company Europe (WICE) (Gibraltar). The outlook assigned to both ratings is stable. 11 December 2015
Insurance
Novae, the specialist listed Lloyd’s insurer, has appointed Caroline Koczerzat as deputy head of its marine, aviation and political risk (MAP) division. 11 December 2015
Insurance
DARAG, the run-off specialist, has appointed Eleni Iacovides as group chief clients officer, effective January 1, 2016. 11 December 2015
Insurance
Insurance broker Marsh has appointed Phil Barton as chief executive officer (CEO) of Jelf. He succeeds Alex Alway, who is to become a non-executive director on the Marsh board. 11 December 2015
Insurance
Insurer ACE has announced today the future leadership team it intends to appoint for the company’s North America and international risk engineering practices. The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. 10 December 2015
Insurance
Asta managed syndicate 2525 has appointed Rob Moores as head of the syndicate’s UK regional underwriting operation with effect from 1st January 2016. 10 December 2015
Insurance
Liberty Mutual Holding Company (LMHC) and its subsidiaries have reported a net loss of $427 million for the third quarter of the year compared with a profit of $605 million the previous year. 10 December 2015
Insurance
Shareholders of Allied World, the property/casualty and specialty insurer, have elected Patricia Guinn and Fiona Luck to the company’s board of directors. 10 December 2015
Insurance
Insurance broker Marsh has urged policymakers to enact meaningful reforms to the National Flood Insurance Program (NFIP) to strengthen its role in the US flood insurance market. 10 December 2015
Insurance
Mapfre Global Risks (MGR), the Mapfre unit that specialises in providing insurance solutions for multinationals, has appointed Chris Nunn, as power and mining underwriter. 10 December 2015
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