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Insurance
Argo Group, a specialty property and casualty re/insurer based in Bermuda, has boosted gross written premiums in 2016 but profits declined nevertheless. 14 February 2017
Insurance
Arch Insurance, a member of Arch Capital Group, has appointed Greg Johnson in the US as vice president of business development for travel. 14 February 2017
Insurance
Chris Elliott, the group chief executive officer (CEO) of Lloyd's broker Tysers and staff-owned broker Hawkes Bay Holdings, has stepped down from the position with immediate effect. 14 March 2017
Insurance
Hong Kong-based reinsurer Peak Re has hired Christopher Lee as head of life and health to oversee its reinsurance business. He joins from Swiss Re. 17 November 2016
Insurance
Global mergers and acquisitions’ activity has been “well below average levels recorded in the 2000s-era” in terms of both deal value and deal count, CreditSights analysts said in an Oct. 29 research note. 30 October 2017
Alternative Risk Transfer
The fourth quarter of 2017 saw considerable loss activity across all insurance-linked securities (ILS) investments with a preliminary estimate of $630 million in cat bond principal losses including hurricane, earthquake, and wildfire activity, according to a Willis Towers Watson Securities report. 29 January 2018
Insurance
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016. 15 December 2017
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired Klein Agency, a St. Paul, Minnesota-based surety and property/casualty agency specialising in the construction industry. 4 July 2018
Insurance
Swiss insurer Zurich has appointed Peter Huber as CEO of its international business. 7 September 2017
Insurance
Bermuda-based AXIS Capital Holdings has appointed Rhonda Lohmar as vice president, US programmes, for the property/casualty (P&C) team. 3 April 2017
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