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The group chief executive officer (CEO) of specialist Lloyd's insurer Neon, Martin Reith, is stepping down from his executive roles on September 30. He will remain a member of the Neon Underwriting (NUL) board of directors. 16 September 2019
Insurance
Flood risk modeller JBA Risk Management has launched an innovative probabilistic global flood model, which will allow re/insurers to model river and surface water flood at 30m resolution. 16 September 2019
Insurance
Private US property/casualty (P&C) insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017, according to Verisk’s ISO and the Property Casualty Insurers Association of America (PCI). 16 October 2018
Insurance
AM Best has downgraded Bahrain-based Trust International Insurance & Reinsurance Company (Trust Re) after extended delays in the release of its audited financial statements. 16 October 2018
Insurance
Reinsurers are likely to see further erosion in 2019, following another year of major catastrophe losses, according to ratings agency AM Best. 28 October 2019
Insurance
As Hurricane Dorian continues to threaten the southeast US coast, a credit ratings firm has identified the primary insurers that could be most affected. 6 September 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is launching a management assurance policy (MAP) in the US that expands its primary professional lines insurance offering for private companies to include commercial crime and cyber liability risks. 15 March 2019
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its leadership team in Dubai with the appointment of AIG, Chubb, AXA, QBE, Allianz and Zurich executives to fill key product line and service posts. 18 September 2018
Insurance
US-based specialty insurer JenCap Holdings is to acquire Aran Insurance Services Group, a specialty programme administrator with offices in Arizona, Colorado, Massachusetts and New York. 22 August 2019
Insurance
Global reinsurance, wholesale and specialty broker Ed has lured Abhishek Chhajer to the company to be head of credit, political risks and surety solutions, Asia Pacific. 1 April 2019
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