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Insurance
ANV Global Services, the managing general underwriter (MGU) owned by insurance group AmTrust Financial Services, has appointed James Pittinger to the role of underwriting director with immediate effect. 22 February 2017
Insurance
Increases in loss and loss adjustment expenses, driven by cat losses and higher fire and weather related losses as well as lower average premiums have driven down United Insurance Holdings’ (UPC Insurance) full year results. 21 February 2017
Insurance
Markel Corporation has appointed Ashley Dillon as underwriting assurance director for the product line leadership team. 21 February 2017
Insurance
Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market. 20 February 2017
Insurance
A planned corporate tax reduction and a tax on imports in the US would benefit local entities but impact companies based outside the country such as in Bermuda, leading to changes in companies’ operating structures, according to AM Best. 20 February 2017
Insurance
Aon Risk Solutions, the global risk management business of Aon, has appointed Jason Toland as producer and account executive in the Sacramento office, and promoted Don Ortegel as resident managing director in Chicago. 20 February 2017
Insurance
American International Group’s US casualty business has performed significantly worse than expected by the firm in recent years, resulting in a $3 billion loss in the fourth quarter of 2016 as the company reacted by striking a reinsurance deal and significantly increasing claims loss reserves. 17 February 2017
Insurance
US-based CNA, a commercial insurance provider, has appointed Douglas Worman to fill the newly-created position of executive vice president and chief underwriting officer, effective from March 7. 17 February 2017
Insurance
Canada-based Fairfax Financial Holdings has announced that it made a net loss of $512.5 million for 2016, down substantially from the $567.7 million net profit it made the year before. 17 February 2017
Insurance
The US subsidiary of broker Jardine Lloyd Thompson Group (JLT) has appointed Jim White as senior vice president. 16 February 2017
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