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A series of hailstorms and tornadoes in the US dominated the natural catastrophe statistics in the first half of 2017 though nat cat losses from January to June were below average, according to Munich Re, which warned on the importance of re/insurers understanding climate change – both natural and man-made. 18 July 2017
Insurance
Property/casualty insurer Chubb has appointed Alexander Wells as regional manager for the Northeast and mid-Atlantic regions of the company's commercial insurance division in North America. 18 July 2017
Insurance
RT Specialty, a wholesale brokerage unit of Ryan Specialty Group, has appointed Jason Witthun and Marie-Louise Lundqvist to lead its new Honolulu, Hawaii office. 18 July 2017
Insurance
ISO, the information provider for property/casualty insurance risk owned by Verisk Analytics, has enhanced its commercial inland marine programmes for three new classes of business. 18 July 2017
Insurance
Insurance broker Lockton has hired Chris Hartnett in its Nashville office, and James Spears in St. Louis Series, as new producers. 18 July 2017
Insurance
Ironshore International’s Pembroke Managing Agency, the third-party managing agent for Patria Re, a Lloyd’s approved Special Purpose Arrangement (SPA), has added a number of treaty property leaders to the Patria Re underwriting team. 17 July 2017
Insurance
TransRe has appointed a global head of business development – a newly-created position within the company. 17 July 2017
Insurance
Californians alone would face $1.9 billion in higher insurance costs if Congress passes a border adjustment tax as part of federal tax reform, according to a new study released today by the R Street Institute and the Pacific Research Institute (PRI). 17 July 2017
Insurance
Trade bodies have welcomed the news that the US intends to sign a covered agreement with the European Union noting that it provides certainty for reinsurers on both sides of the Atlantic. 17 July 2017
Insurance
Reinsurance broker Guy Carpenter has hired Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the US and Canada. 17 July 2017
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