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Insurance
London-based Lloyd's insurance broker Kinetic has appointed Ian Ashworth and Kieron Burrows to further develop its portfolio of broker accounts and binding authorities. 21 February 2017
Insurance
Profits at WR Berkley dipped in the third quarter mainly because of catastrophe losses totalling $119 million including $107 million related to Hurricanes Harvey, Irma and Maria, and the earthquakes in Mexico. But the company remained profitable and said it was pleased with its results. 25 October 2017
Insurance
The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best. 19 January 2018
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has promoted James Boyce to deputy CEO, global specialties. 6 September 2017
Insurance
Specialist re/insurance broker BMS Group has launched a new European venture, BMS Iberia, under former Marsh Spain and Aon executives. 6 September 2017
Insurance
Everest Re Group has appointed Christian Colombera as head of financial lines for Everest Syndicate 2786.
He will report to the Syndicate’s active underwriter. 3 May 2016
Insurance
US health insurer Anthem is appealing against the Department of Justice’s decision to block the proposed merger with its rival Cigna but analysts see little chance of success. Instead, Cigna may look for other potential acquisitions to grow. 13 February 2017
Insurance
Cincinnati Insurance Companies has renewed its Skyline Re catastrophe bond as a private placement and expanded its indemnity-based collateralised reinsurance coverage by raising $180 million with the help of JLT Capital Markets (JLTCM). 13 February 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Nick Pritchard as head of property reinsurance with immediate effect. 13 February 2017
Insurance
Re/insurer International General Insurance (IGI) has strengthened its London team with the appointment of three key underwriters Simon Mepham, Ben Cubitt and Joanna Cousins. 16 January 2017
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