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Insurance
The Schinnerer Group, underwriting managers of specialty insurance programmes, has entered into an agreement to acquire US-based International Catastrophe Insurance Managers (ICAT), an underwriter at Lloyd's, from the Paraline Group. 11 August 2017
Alternative Risk Transfer
Forecasters are predicting a higher likelihood of an above-normal hurricane season for 2017, and they increased the predicted number of named storms and major hurricanes, according to the National Oceanic and Atmospheric Administration (NOAA). 11 August 2017
Insurance
Alesco Risk Management Services, a specialist insurance and risk management broker, is expanded its energy division with the appointment of Bob Choppen, formerly deputy managing director of energy at Willis Towers Watson. 11 August 2017
Insurance
The Reinsurance Association of America (RAA) is lobbying for a lower corporate tax rate in the US while ensuring that any changes to proration of tax exempt interest or discounting of loss reserves appropriately reflect the business of insurance, according to a June 26 press release. 27 June 2017
article
Lloyd's CEO Inga Beale suggested in a Reuters interview that the plan to create a subsidiary in Brussels may be unravelled. 27 June 2017
Insurance
Suncorp subsidiary Vero Insurance has won the battle to acquire New Zealand-based general insurer Tower, beating Fairfax Financial's $144 million all-cash offer. 27 June 2017
Insurance
RLI, a specialty insurer serving property/casualty and surety markets, has elected David Duclos to its board of directors for a term expiring at RLI’s next shareholders’ meeting in May 2018, at which time he will stand for re-election. 9 May 2017
Insurance
Property/casualty insurer Chubb has made several new leadership appointments within its global casualty and excess casualty lines of business for North America major accounts division, which serves large US and Canadian-based companies for complex global risks. 14 July 2017
Insurance
LOGiQ3, a life re/insurance outsourcing provider, has partnered with Andrew Wibberley, director of Alea Risk on the distribution of its digital underwriter training programme into the UK and Ireland. 22 November 2016
Insurance
Broker Willis Towers Watson appointed Evariste Yeung as head of property and casualty, North Asia. 6 November 2017
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