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Insurance
US-based property/casualty insurer Liberty Mutual Holding Company reported attributable net income of $1.01 billion for 2016, an increase of $492 million versus the same period in 2015. 2 March 2017
Insurance
Major catastrophic loss events may be uninsurable, according to the most recent Swiss Re sigma report, calling for a government-sponsored back-stop for example in the form of a re/insurer of last resort. 1 March 2017
News
Hannover Life Reassurance Company of America, the US unit of Germany's Hannover Re, has appointed Clint Thompson to succeed chief financial officer (CFO) David Wheat, who is set to retire in June-end. 1 March 2017
Insurance
Specialty insurer Brit has launched a new US-based cyber and technology team with the appointment of Michael Carr as senior vice president to lead the offering. 1 March 2017
News
Munich Re US (Life) has expanded its partnership with SafeBeyond, a cloud-based digital asset and legacy management platform, to offer its online identity management solution to life insurers in the US. 1 March 2017
Insurance
Broker Willis Towers Watson (WTW) has appointed Imran Qureshi to head the company's US Midwest region, and join the North America leadership team. 1 March 2017
Insurance
BGC Partners, a global brokerage firm, has completed the entire acquisition of Lloyd's specialist re/insurance broker Besso Insurance Group for £70.5 million on enterprise-value basis. 1 March 2017
Insurance
US-based Fifth Third Insurance Agency has signed an agreement to acquire RG McGraw Insurance Agency that specialises in property/casualty insurance and risk management analysis for personal lines and commercial lines. 1 March 2017
Insurance
Jardine Lloyd Thompson Group unveiled a plethora of senior management changes at the same time as its 2016 results including a new group chief operating officer and new heads in Latin America and Canada. 28 February 2017
Insurance
Randall & Quilter Investment Holdings (R&Q), the non-life insurance and investment specialist, has conditionally raised £16.9 million through a placing of new ordinary shares, which it plans to use to boost its operations in Malta and the US and to make further acquisitions. 28 February 2017
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