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Insurance
Drinker Biddle bolsters insurance regulatory team with new partner
US law firm Drinker Biddle & Reath has strengthened its insurance regulatory and transactional capabilities with the addition of Dan Brown as partner.   22 March 2017
Insurance
XL Catlin appoints E&S binding and brokerage head
Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation.   22 March 2017
Insurance
R&Q buys two captive insurers in run-off
Randall & Quilter (R&Q), the insurance services and investment company, has acquired two captive insurance firms, Linco and ICDC, both of which are in run-off.   22 March 2017
Insurance
Liberty Mutual buys assets of US MGA TRU
Property/casualty insurer Liberty Mutual Insurance has signed a definitive agreement to acquire the assets of managing general agent (MGA) TRU Services, which specialises in medical stop loss cover to mid and large-size medical plan sponsors.   22 March 2017
Insurance
RLI appoints new chief claim counsel following retirement
RLI, a specialty insurer serving property/casualty and surety markets, has appointed Betsy McLaughlin as vice president and chief claim counsel, succeeding Brian Casey, who is set to retire on March 31.   22 March 2017
Insurance
Large US cedants shrink reinsurance panels but grow ceding rates
Many industry participants have commented and speculated that reinsurance panels have shrunk over the past ten years. This is only true for the largest cedants, which have at the same time grown their ceding rates, according to a study titled “Buyer Trends in Property‐Casualty Reinsurance,” which analysed the US market.   21 March 2017
Alternative Risk Transfer
Reinsurers lose out to non-traditional forms of risk transfer
Though insurers are ceding more of their premium than they were ten years ago, reinsurers have not necessarily benefited because more risk is being assumed by non-traditional risk bearing entities in various forms, according to research by Conning.   21 March 2017
Insurance
Guardian Life appoints new head of government affairs and chief HR
The Guardian Life Insurance Company of America has promoted Jay Rosenblum to chief human resources officer, and appointed Laura Haines as senior vice president and head of government affairs, succeeding Rosenblum.   21 March 2017
Insurance
BHSI poaches Zurich exec; expands professional lines cover in Canada
Berkshire Hathaway Specialty Insurance (BHSI) has launched a new professional liability product in Canada with the appointment of Geoffrey Kendrick as head of professional lines in the country.   21 March 2017
News
JLT Re partners with flood risk modeller to expand in Canada
Reinsurance broker JLT Re has partnered with risk modelling company KatRisk to offer flood modelling in Canada.   21 March 2017

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