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Insurance
Validus Specialty has launched a standalone cyber insurance product, focused on privacy and network protection coverage, to further expand its offering and meet a growing demand. 6 February 2018
Insurance
After an unusually tough 2017, Munich Re is facing tailwinds from increasing prices on the back of high catastrophe losses from hurricanes Harvey, Irma and Maria, as well as climbing interest rates. 6 February 2018
Insurance
A significant increase in operating profit in the fourth quarter of 2017 helped to prop up Everest Re’s 2017 full year results which were impacted by severe natural catastrophes in North America. 6 February 2018
Insurance
Canada-based Fairfax Financial Holdings has entered into an agreement to acquire certain assets and assume certain liabilities of Carillion’s Canadian operations, according to a Feb. 5 press release. 5 February 2018
Insurance
Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis. 5 February 2018
Insurance
Insurer CNA has appointed Bahr Omidfar as senior vice president and chief technology officer, and Joyce Trimuel as chief operations & diversity officer. 5 February 2018
Insurance
Sompo International Holdings (SIH) has completed the transfer of the Sompo America companies’ business operations and staff into its own Bermuda-based platform. 2 February 2018
Insurance
Guy Carpenter, the Marsh & McLennan Companies reinsurance arm grew revenues by 8 percent year on year to $239 million in the fourth quarter of 2017. 1 February 2018
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has acquired the renewal portfolio of Liberty Mutual Insurance’s US product recall and special contingency business. 1 February 2018
Insurance
Re/insurer XL Catlin has hired a senior executive from Everest National Insurance for its global excess casualty insurance business. 1 February 2018
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