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Insurance
CNA appoints Weber as new general counsel
US-based commercial insurance provider CNA has appointed Scott Weber to the position of executive vice president and general counsel.   5 June 2017
Insurance
MGA platform Volante bolsters leadership with QBE and Barbican hires
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has hired executives from QBE and Barbican to boost its leadership team.   25 January 2018
Insurance
Swiss Re and India’s National Insurance Academy sign MoU on skills
Swiss Re's Global Business Solutions unit in India has signed a memorandum of understanding (MoU) with country’s National Insurance Academy (NIA), to collaborate as a technical partner on its academic activities and programmes.   25 January 2018
Insurance
CFC launches new Lloyd’s-backed kidnap and ransom product
CFC, a specialist lines underwriting agency, has launched a new kidnap and ransom (K&R) offering backed by a consortium of Lloyd’s syndicates and which includes access to an incident response hotline.   22 November 2016
Insurance
ILS issuance reaches new Q1 record high
Insurance-linked securities (ILS) deal volume in the first quarter of 2017 reached a new record level for first quarter global issuances, according to the latest Bermuda ILS Market Report.   31 May 2017
News
India's GIC Re premium income jumps 82% YOY in 2016-17 financial year
General Insurance Corporation of India (GIC Re), the national reinsurer, has achieved a growth in premium income of 82.2 per cent during the 2016-17 financial year.   30 May 2017
Insurance
Reinsurers face $1bn Harvey claim from FEMA
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program.   6 December 2017
Insurance
The Hanover poaches senior Zurich Insurance exec to lead specialty
US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty.   26 May 2017
Alternative Risk Transfer
Divergence in risk helps prove role of data
The wide divergence in loss estimates given by the risk modelling community in the aftermath of the US hurricanes could prompt more re/insurers to invest in their own analytical capabilities and get a better handle on their data.   16 October 2017
Insurance
Brit boosts programme capability with Axis president in the US
Specialty insurer Brit has appointed former Axis Capital executive Tim Chesson as senior vice president, programmes in the US.   6 February 2017

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