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Insurance
Jardine Lloyd Thompson Capital Markets (JLTCM), a subsidiary of Jardine Lloyd Thompson Group, said June 13 that it closed a private placement catastrophe bond, Market Re 2017-1, at $65.1 million. 13 June 2017
Insurance
US insurer WR Berkley Corporation has formed two operating companies in Mexico after being granted authorisation by local regulator Comisión Nacional de Seguros y Fianzas (CNSF). 13 June 2017
Insurance
Kevin Loppnow has re-joined insurance broker Lockton as a property and casualty unit manager in its Milwaukee office. 13 June 2017
Insurance
The Hartford, a US-based property/casualty insurer, has named Robert Paiano as chief risk officer to lead the company’s enterprise risk management operations. 13 June 2017
Insurance
Commercial insurance prices in the US were nearly flat during the first quarter of 2017, according to broker Willis Towers Watson. 13 June 2017
Insurance
Bermuda-based specialty re/insurer Argo Group International Holdings has appointed Jorge Luis Cazar León to lead the company’s Latin America business, which includes insurance and reinsurance operations in Central and South America. 12 June 2017
Insurance
Troubled AmTrust Financial Services said June 9 that it has entered into agreements to sell 10,586,000 shares it owns in specialty personal lines insurer National General Holdings (NGHC) for approximately $211.7 million. 9 June 2017
Insurance
Bermuda-based Arch Capital Group said June 8 that it launched an underwritten public secondary offering of 6,381,410 common shares "by certain selling shareholders affiliated with American International Group." 9 June 2017
Insurance
Damage from up to softball-sized hail in May in Colorado led to insurance payouts of more than $1.4 billion, according to Aon Benfield's monthly Global Catastrophe Recap report. 9 June 2017
Insurance
Berkshire insurance subsidiaries have reached an agreement with California’s Department of Insurance by committing to lower rates, improved disclosures, and limiting sale of their worker’ compensation insurance. 9 June 2017
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