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The re/insurance industry loss from ex-hurricane Ophelia is estimated at €60 million, according to the Zurich-based catastrophe insurance data provider PERILS. 27 November 2017
Insurance
Specialty re/insurer Brit has hired Scott Brock as president of its newly formed specialty platform Scion Underwriting Managers. 27 November 2017
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has appointed Bas Wijnhoven to the new role of senior underwriter – directors and officers (D&O) and crime for the Netherlands. 27 November 2017
Insurance
UnipolRe has gone live with a new IT system developed in partnership with NIIT Technologies, which uitilises NIIT’s underwriting platform, Navigator. 27 November 2017
Insurance
Re/insurer XL Catlin has appointed Farzina Coladon as lead fine art and specie (FAS) underwriter in Canada. 16 November 2017
Insurance
High growth potential for the Latin American insurance market has attracted global re/insurers and brokers to the region through mergers & acquisitions (M&A), despite weak recent economic growth, according to consultancy firm EY. 15 November 2017
Insurance
Chord Re, a new reinsurance-focused managing general agency (MGA), has been launched by the former head of Aspen Re London Stefan Long, and will begin underwriting on behalf of Neon Syndicate 2468 from January 2018. 14 November 2017
Insurance
Brand strength will be the main driver of M&A activity in re/insurance in the next three years, reflecting the transition to digital sales which require a strong, recognisable brand, according to a survey by Willis Towers Watson in conjunction with Mergermarket. 14 November 2017
Insurance
Chubb has appointed three executives for its newly-created small commercial division for SMEs in Asia Pacific. 14 November 2017
Insurance
The London insurance market is 'overly complex' and is losing relevance to its customers in the energy industry, with product that fail provide value for money. 14 November 2017
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