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Insurance
Insurance broker Lockton has appointed Christina Zapantoulis as the leader of its marine team in its Northeast US operations, based in New York City. 12 July 2017
Insurance
Miami-based personal lines insurer Windhaven Insurance said July 11 that it sealed a multi-year $1.1 billion premium capacity quota share transaction with Greenlight Re. 12 July 2017
Insurance
A majority of single-family homes could see cheaper premiums with private insurance than with the National Flood Insurance Program (NFIP), according to a Milliman study based on the US states of Florida, Texas and Louisiana. 12 July 2017
Insurance
Worldwide economic and insured losses during the month of June were once again largely driven by several major severe weather outbreaks in the US, according to the latest Global Catastrophe Recap report by Impact Forecasting, Aon Benfield’s catastrophe model development team. 7 July 2017
Insurance
Senior executives at Novae Group have highlighted the increasing need for scale in the risk-transfer business as the justify agreeing to the firm’s sale to AXIS Capital for £468 million ($604 million). 6 July 2017
Insurance
AXIS Capital is to acquire Lloyd's insurer Novae Group for £468 million ($604 million) in an all-cash deal based on paying 700 pence per Novae share. The transaction is expected to close in the fourth quarter of 2017. 6 July 2017
Insurance
Willis Re, the reinsurance business of broker Willis Towers Watson, has revealed that James Kent will succeed John Cavanagh as its global CEO. 6 July 2017
Insurance
Marsh & McLennan Companies has appointment John Doyle as new chief executive officer of Marsh, succeeding Peter Zaffino who has joined AIG as global chief operating officer. 6 July 2017
Insurance
American International Group (AIG) has appointed Peter Zaffino as executive vice president, global chief operating officer. 6 July 2017
News
Munich Re US Life has promoted Michael Taht to executive vice president of research, analytics and underwriting, and Marc-André Giguère to executive vice president, reinsurance. 6 July 2017
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