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Insurance
New York-based property/casualty holding company AmTrust Financial Services has appointed Adam Karkowsky as executive vice president and chief financial officer. 5 June 2017
Insurance
Reinsurance broker and consultant JLT Re (North America), a part of Jardine Lloyd Thompson Group, has appointed Tony Manzitto as executive vice president in Los Angeles, California. 5 June 2017
Insurance
US-based global insurance distributor AmWINS Group has completed the acquisition of wholesale brokerage firm Partners Specialty Group. The purchase price has not been disclosed. 5 June 2017
Alternative Risk Transfer
Re/insurer XL Catlin has announced that it is extending its structured risk solutions underwriting capabilities to the US with the addition of Aiden Joo as senior underwriter in New York. 5 June 2017
Alternative Risk Transfer
Re/insurer QBE North America, part of QBE Insurance Group, has formed a strategic programme alliance with AmWINS Special Risk Underwriters (SRU) to launch a national excess property programme. 5 June 2017
Insurance
US-based commercial insurance provider CNA has appointed Scott Weber to the position of executive vice president and general counsel. 5 June 2017
Insurance
Cayman Islands-based specialist property/casualty reinsurer Greenlight Capital Re said on June 2 that it has hired Simon Burton to become its new CEO, effective July 1, 2017. 2 June 2017
Insurance
Lemonade, an artificial intelligence-focused insurtech company, more than doubled its clients in the past two months as “customers are ditching incumbents for Lemonade,” Shai Wininger, Lemonade co-founder, said in a blog posted on medium.com. 2 June 2017
Alternative Risk Transfer
Reinsurance broking and consultancy provider JLT Re said that the reinsurance rate decline accelerated in the 1 June 2017 renewal, falling for the sixth consecutive year. 2 June 2017
Insurance
Nearly 6.9 million US homes along the Atlantic and Gulf coasts are at potential risk of damage from hurricane storm surge inundation with a total reconstruction cost value (RCV) of more than $1.5 trillion, according to a new report by US data analytics company CoreLogic. 1 June 2017
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