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Validus Reinsurance, Switzerland has appointed Florian Lutz as senior vice president and senior underwriter. Lutz has over 20 years of re/insurance experience in both property and specialty lines, most recently with Axis Re in Zurich. 5 February 2014
Insurance
European re/insurers are wary of the recent sanction relief surrounding coverage of Iranian oil exports. That is the opinion of John Markham, an associate specialising in competition law and Alaina Wadsworth, an associate in the insurance and reinsurance Group from law firm CMS Cameron McKenna. 5 February 2014
News
Munich Re, the largest reinsurance company in the world, has posted a better profit than anticipated for 2013, despite a small drop in its gross premiums written. 4 February 2014
Insurance
Ironshore International has appointed Chris Horton as director of underwriting for US liability risks. 3 February 2014
Insurance
The insured loss for Windstorm Dirk is estimated at €275 million according to catastrophe data organisation PERILS. 3 February 2014
Insurance
Argenta Holdings’ executive director and underwriting director of Argenta Syndicate Management (ASML), Paul Hunt, will step down from his executive roles in the coming months. 31 January 2014
Insurance
Markel International has boosted its speciality division with the promotion of Nick Hillman and Nick James to senior underwriters on the property treaty account. 30 January 2014
Insurance
Miller has appointed Alvin Poon to head up its claims team in Asia. He joins the business from XL Re where he was claims manager. 30 January 2014
Insurance
Denis Kessler has been elected to join the Insurance Hall of Fame by the members of the International Insurance Society (IIS). 30 January 2014
Insurance
Run-off specialist Deutsche Versicherungs- und Rueckversicherungs-AG (DARAG) continued to see an influx of business as it signed three European Run-off portfolio transactions in December, bringing the total number of deals signed in 2013 to seven. 29 January 2014
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