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Insurance
Financial advisory firm StormHarbour has appointed Jonathan Spry as head of insurance solutions and advisory. 13 January 2015
News
Brian Secrett, the head of catastrophe reinsurance at PartnerRe, is departing the reinsurer for a position at Lloyd’s. 13 January 2015
Insurance
Insured losses from natural disasters in 2014 hit $39 billion, 38 percent below the ten-year average of $63 billion and the lowest annual insured loss total since 2009. 13 January 2015
Alternative Risk Transfer
The establishment of starts up via sidecars and collateralised reinsurance continues to rise as the market no longer requires a “biblical scale disaster” to attract interest. 12 January 2015
Insurance
Barbican Insurance Group has appointed Mark Sutton as an assistant underwriter within the firm’s marine division. 12 January 2015
Insurance
The International Underwriting Association (IUA) has launched a new insurance premium tax information service as governments in Europe continue to use such levies to boost public finances. 12 January 2015
Insurance
Martin Hudson, the director of underwriting at Mitsui Sumitomo Insurance Group (MSIG) at Lloyd’s, has resigned. 12 January 2015
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Faye Chapman as medical malpractice underwriter. She will report to Paul Kneafsey, head of casualty. 12 January 2015
Insurance
XL Group’s $4.1 billion takeover of Catlin has been welcomed by rating agencies though some have noted a potential deterioration of XL’s credit profile and the risks inherent in an acquisition of this size and scope. 12 January 2015
Insurance
Specialist insurer Markel has received approval by the Dubai Financial Services Authority (DFSA) to operate within the Dubai International Financial Centre (DIFC). 12 January 2015
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