Articles
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed Nicholas Pooley as the new aviation major risks product lead for North America, based in New York. 5 April 2018
Insurance
Lloyd’s of London made a heavy loss in 2017 after being hit hard by the US hurricane season. While this may have been expected due to the market’s gearing towards US natural catastrophes, Lloyd’s top executives are now urging the market to boost profits by curbing costs and being more cautious with its risk selection. 5 April 2018
News
JLT Re North America, a subsidiary of Jardine Lloyd Thompson Group, has made three executive appointments to strengthen its business across the region. 4 April 2018
Insurance
Lloyd’s Broker Endeavour Insurance Services has launched a new cyber security coverage programme that aims to fill a gap in the market covering manufacturers from the risk of physical damage caused by cyber-attacks. 4 April 2018
Insurance
New York-based Oscar Health, a technology-focused health insurance company, has secured $165 million to fuel its next phase of growth. 4 April 2018
Insurance
IAT Insurance Group has agreed to acquire IFIC Surety Group which includes International Fidelity Insurance Company and its subsidiary Allegheny Casualty Company. 4 April 2018
Insurance
V3 Insurance Partners, a specialty insurance programme administrator, has appointed its chief operating officer Brian Janitschke as president, replacing outgoing president and CEO Susan Rivera. 4 April 2018
News
The Export-Import Bank of the US (EXIM) has developed a reinsurance programme with major players like XL Catlin and Liberty Specialty Markets to share risk and provide an additional $1 billion in loss coverage for a significant portion of EXIM’s existing portfolio of large commercial aircraft financing transactions. 3 April 2018
Insurance
Bermuda-based White Mountains Insurance Group has agreed to acquire a majority stake in NSM Insurance Group, a US-based specialty insurance programme administrator, for approximately $388 million. 3 April 2018
Insurance
Tokio Marine HCC has appointed Susan Rivera as executive vice president and chief operating officer. Rivera was a founding shareholder of V3 Insurance Partners. 3 April 2018
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