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Insurance
Bermuda-based Aspen expects to record an underwriting loss of approximately $245 million in the fourth quarter of 2017, according to a Jan. 25 press release. 26 January 2018
Insurance
Sompo International, a Bermuda-based specialty provider of property/casualty re/insurance has made a series of leadership appointments in the London Market, a "strategic growth area" for the company. 26 January 2018
Insurance
Ascent Underwriting, a specialist managing general agent underwriting on behalf of a number of Lloyd's Syndicates, has been acquired by mid-market private equity firm Preservation Capital Partners. 25 January 2018
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has hired executives from QBE and Barbican to boost its leadership team. 25 January 2018
Insurance
Lloyd's has granted coverholder status to specialty lines programme administrator Axon Underwriting, allowing it to underwrite and issue policies on behalf of certain Lloyd's underwriting syndicates. 24 January 2018
Insurance
An extreme cyber incident that takes a top cloud provider offline in the US for 3 to 6 days would result in economic losses of $15 billion and up to $3 billion in insured losses, according to a Lloyd’s Jan. 23 press release. 23 January 2018
Alternative Risk Transfer
Bermudian PartnerRe has revealed a £725 million longevity reinsurance agreement with UK-based specialist insurer Pension Insurance Corporation (PIC). 23 January 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Chris Sawyer to the role of manager, global financial risks (GFR) for the Asia-Pacific region. 23 January 2018
Insurance
Insurance broker Lockton has hired Zurich Insurance's head of financial lines to strengthen its professional services team in the UK. 22 January 2018
Insurance
Specialty re/insurer Canopius has hired Victoria Phillips as an energy underwriter from Marsh, based in Singapore. 22 January 2018
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