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Insurance
US specialty insurer RLI is “off to an excellent start in 2018” with a 91 combined ratio and continued strong organic growth across much of the product portfolio, CEO Jonathan Michael commented the first quarter 2018 results.   19 April 2018
AXIS hires reinsurance CUO from AIG
Insurance
AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has appointed AIG's Megan Thomas as chief underwriting officer, responsible for product and portfolio management within AXIS Re.   18 April 2018
Insurance
Claims from hurricane Irma which struck Florida in September 2018 have reached $8.6 billion in the state, according to the Florida Office of Insurance Regulation.   18 April 2018
Insurance
The insurance broker merger and acquisition (M&A) activity has declined in North America in the first quarter of 2018, according to investment bank Optis Partners.   18 April 2018
Insurance
US-based property/casualty insurer The Hanover estimates the impact of catastrophe activity to be in the range of $66 million to $76 million before taxes in the first quarter of 2018.   17 April 2018
Insurance
Insurance broker Lockton has appointed Said Taiym as executive vice president and chief digital officer.   17 April 2018
Insurance
Insurance broker Marsh is launching a commercial blockchain solution for proof of insurance in collaboration with IBM, ACORD and ISN.   17 April 2018
Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM.   17 April 2018
Insurance
Bermuda-based PartnerRe has appointed Hannover Re's Chris Shanahan as executive vice president, corporate development, US life.   16 April 2018
Insurance
Navigators CEO Stanley Galanski has described how London has become an increasingly challenging market and explained why he believes that targeting local markets directly in continental Europe is the way to go.   16 April 2018

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