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Alternative Risk Transfer
Bermuda-based Hiscox Re Insurance Linked Strategies, the ILS asset management arm of Hiscox, has appointed Ben Fox as portfolio manager.   2 March 2018
Aon appoints UK CEO, new global Aon Benfield chairman
Insurance
Broker Aon has appointed Dominic Christian as global chairman of its reinsurance intermediary Aon Benfield while Julie Page has been promoted to chief executive officer of Aon UK.   1 March 2018
Insurance
Liberty Mutual revealed the new operating structure for its recently formed Global Risk Solutions business.   1 March 2018
Insurance
Re/insurance sector rating agency AM Best is establishing a new office in Amsterdam, the Netherlands, during 2018 as part of its Brexit contingency plan.   1 March 2018
News
Bermuda-based Third Point Re has swung to profit in the fourth quarter of 2017 and saw its full year 2017 results jump due to investment profits while underwriting produces losses.   1 March 2018
Insurance
New York-based AmTrust Financial Services closed the transfer of a 51 percent equity interest in certain of its US-based fee businesses to private equity firm Madison Dearborn Partners.   1 March 2018
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015.   1 March 2018
Insurance
Broker Jardine Lloyd Thompson Group (JLT) has acquired US-based trade credit and political risk broker International Risk Consultants (IRC) to further strengthen its US specialty business.   1 March 2018
Insurance
Bermuda registered a total of 58 new insurers in 2017, ranging from captives and long-term re/insurers to special purpose insurers (SPIs).   1 March 2018
Insurance
UK mutual reinsurer Pool Re has extended its retrocession programme cover to include material damage and direct business interruption (BI) caused by acts of terrorism using remote digital interference at renewal.   1 March 2018

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