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Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s specialising in property, construction and casualty insurance and reinsurance solutions, said July 6 that it hired Stephen Johnson as property underwriter, and Jim Meakins as casualty underwriter. 7 July 2017
Insurance
The marine, energy and aviation markets have allowed themselves to slip into low single-digit return on equities, and must push back on rates to return to double digits, Adrian Poxon, executive vice president and head of global specialty reinsurance at Sompo International, told Baden-Baden Today. 24 October 2017
Insurance
Beach & Associates has appointed Daniel Shaw as senior vice president to lead its wholesale property and casualty treaty division in London. 6 July 2017
Insurance
A drop in underwriting profit and a deterioration of the combined ratio have made net profit at Dubai-based International General Insurance Holdings (IGIH) decline in the first six months of 2017. 21 August 2017
News
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21. 21 August 2017
Insurance
Specialty re/insurer Lancashire Holdings reported a net loss of $139.0 million for the third quarter compared to a net profit of $40.1 million in the same period a year ago. 2 November 2017
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
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
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