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Insurance
Industry veteran Joseph Boren, chairman of Ironshore environmental and president of US field operations, is set to retire from the Liberty Mutual-owned company at the year-end 2017. 1 December 2017
Insurance
Specialist insurer Beazley has established its new US marine platform with an initial focus on hull, protection & indemnity (P&I) and liability coverage for the marine and marine construction sectors. 1 December 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) has completed the sale of its Lloyd's managing agency to US medical professional liability insurer Coverys, after receiving all regulatory approvals. 1 December 2017
Insurance
Specialist global insurer Hiscox has appointed Glenn Dorr as head of business development and broker relationships, North America, within its London Market business. 20 November 2017
Insurance
High growth potential for the Latin American insurance market has attracted global re/insurers and brokers to the region through mergers & acquisitions (M&A), despite weak recent economic growth, according to consultancy firm EY. 15 November 2017
Insurance
The recent wildfires in the US state of California, which killed at least 43 people and injured 185 others, could in aggregation become the most damaging event on record in the state, according to Impact Forecasting’s latest edition of its monthly Global Catastrophe Recap. 13 November 2017
Insurance
A major wildfire outbreak that erupted in portions of California starting during the month of October is set to become the costliest insured wildfire in history, according to the Aon Benfield’s Global Catastrophe Recap report for October. 9 November 2017
News
Hannover Re has posted a profit for the third quarter despite large losses exceeding its budget in the third quarter of 2017 through an increase in investment income driven by the sale of its listed equity portfolio. 8 November 2017
Insurance
American International Group (AIG) has appointed Lex Baugh as CEO of North America General Insurance. 8 November 2017
Insurance
Switzerland-based Zurich Insurance Group has entered into a definitive agreement with Catalina Insurance Ireland to transfer its German legacy medical malpractice liabilities portfolio. 8 November 2017
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