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Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
US-based CNA, a commercial insurance provider, has announced that its executive vice president, general counsel and secretary Jonathan Kantor is set to retire after 23 years at the company. 6 April 2017
Insurance
JLT Specialty, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gavin Shiels as senior vice president. 6 April 2017
Insurance
Terrorist attacks increased 14 percent worldwide in 2016, and are affecting an ever-wider set of businesses in more countries with more diversified tactics and intent to kill, broker Aon said in its 2017 Risk Maps for Political Risk, Terrorism and Political Violence. 6 April 2017
Insurance
The CEO of property/casualty insurer Chubb has criticised the “abusive behaviour” on the part of some brokers when addressing shareholders in the 2016 annual report. 6 April 2017
Insurance
Bermuda-based insurer Ironshore has promoted Thomas Duggan as chief claims officer of its environmental unit, overseeing specialty market claims management and processes throughout its global platform. 6 April 2017
Insurance
Property Claim Services, a Verisk Analytics business, has launched its global marine and energy service as its first solution outside the property-catastrophe sector. 5 April 2017
Insurance
The risks associated with a volcanic eruption have received insufficient attention in the past, particularly with regards to ash fall, said Swiss Re’s head of earthquake Patrice Tscherring. 5 April 2017
Insurance
United Insurance Holdings (UPC), a property/casualty insurance holding company, has completed its merger with Florida-based American Coastal Insurance Company. 4 April 2017
Insurance
Insurance distributors are seeking acquisitions as this is the most viable way to grow the business, according to Conning, an investment management firm for the global insurance industry. 4 April 2017
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