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USI Insurance snaps up wholesale broker US Risk
Insurance
Texas-based US Risk Insurance Group, a specialty lines underwriting manager and property/casualty wholesale broker, has entered into a definitive agreement to be acquired by USI Insurance Services, a insurance brokerage and consulting firm.   14 February 2019
Insurance
Specialty re/insurer Canopius has appointed Gabrielle Folliard as head of claims from Markel International.   1 November 2018
Aon appoints veteran Lambrou as CEO commercial risk solutions
Insurance
Aon has named Lambros Lambrou, a 30-year veteran at the re/insurance broker, as new global CEO of commercial risk solutions.   11 February 2019
Insurance
Broker Gallagher has strengthened its UK construction division within the speciality business with the appointment of Julie Scott.   9 August 2018
Insurance
Specialty re/insurer Sompo Canopius and Sompo Japan Nipponkoa Insurance (SJNKI) have launched a natural catastrophe risk model for North-West Australia offshore installations.   15 May 2017
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has expanded its strategic partners business with the appointment of Daniel Osterrieder as strategic account executive for North America.   7 February 2019
Insurance
Caribbean catastrophe facility CCRIF said on Oct. 30 that it is paying out $7.0 million to Trinidad & Tobago from its excess rainfall policy following a period of heavy rainfall between Oct. 18 and Oct. 20, 2017.   31 October 2017
Alternative Risk Transfer
The growth of the insurance linked securities (ILS) markets could be good for the insurance industry as a whole but some concerns remain around the risk modelling used by these deals and standardisation of documentation in the market could be improved.   6 March 2014
Insurance
A more active approach to write affirmative coverage would increase cyber take-up.   11 December 2019
Insurance
Tokio Marine Group is transferring its existing portfolio of policies written out of Continental European operations to its newly established subsidiary Tokio Marine Europe (TME) in Luxembourg in preparation for Brexit.   19 November 2018

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