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Insurance
XL Group’s reported preliminary third-quarter catastrophe loss estimate of $1.48 billion alleviates recent investor concerns about an outsized loss from XL and any concerns about capital raise needs, according to an Oct. 11 Morgan Stanley analyst note. 13 October 2017
Insurance
A new disaster aid package includes a provision to forgive $16 billion in debt held by the National Flood Insurance Program (NFIP), but lobby group SmarterSafer warns that the bill fails to incorporate critical reforms that put the programme on a sustainable path. 13 October 2017
Insurance
US-based Ryan Specialty Group (RSG) has appointed Kathy Burns as senior vice president, chief digital officer, based in Chicago. 5 May 2017
Insurance
Reinsurance broker and consultant JLT Re (North America) has appointed Tony Sammur as executive vice president in Stamford, Connecticut. 31 May 2017
Insurance
The Latin American insurance sector shrank by 3.7 percent year-on-year in 2016 following the depreciation of most of the region’s currencies, according to the latest annual study on the Latin American insurance market. 27 June 2017
Insurance
Ryan Specialty Group (RSG) has promoted Dawn D’Onofrio to chief executive officer and president of its managing general agency WKFC Underwriting Managers and CorRisk Solutions. 26 June 2017
Insurance
Specialist insurer Hiscox said Aug. 18 that it is including drone cover and optional personal cyber insurance to its home insurance product in the UK and Ireland. 18 August 2017
News
Bermuda-based Everest Re Group has appointed Matthew Kelly as vice president and head of the reinsurance division's international casualty facultative unit, based in company's Miami office. 23 June 2017
Insurance
Pioneer Special Risk has launched a new coverage option for specialty contractors to protect them against new risks arising from environmental and pollution damage. 15 August 2017
Insurance
UK insurer Aviva has appointed Maurice Tulloch as an executive director of the company and a member of the board. 22 June 2017
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