Articles
Insurance
Validus Specialty, a subsidiary of Bermuda-based Validus Holdings, has appointed a new team of US-based cyber underwriters, comprising Jackie Lee and Mary Spicer, from the commercial errors and omissions (E&O), cyber division of Nationwide Insurance. 23 February 2017
Alternative Risk Transfer
A combination of factors could make the insurance-linked securities market more competitive as 2017 goes on, according to Paul Schultz, CEO of Aon Securities. 23 February 2017
Insurance
Bruce Carnegie-Brown is to become the chairman of Lloyd’s following a meeting of the Council of Lloyd’s where his appointment as successor to John Nelson was approved unanimously. 20 February 2017
Insurance
Aon Risk Solutions, the global risk management business of Aon, has appointed Jason Toland as producer and account executive in the Sacramento office, and promoted Don Ortegel as resident managing director in Chicago. 20 February 2017
Insurance
Lloyd's broker Bishopsgate, the London market business of Towergate Insurance, has appointed three executives. 17 February 2017
Insurance
American International Group (AIG) reported a net loss of $3.04 billion, up from a negative $1.84 billion in the same period of 2015, impacted by a $5.6 billion prior year adverse reserve development. 15 February 2017
Insurance
US-based global health service company Cigna has called off a proposed merger agreement with Anthem following an order from the US District Court for the District of Columbia and demands more than $14.85 billion compensation from Anthem. 15 February 2017
News
Swiss Re corporate solutions has appointed Jim George to the role of global head of claims. He succeeds Nicola Parton, who is now the head primary lead strategy and client engagement. 15 February 2017
Insurance
Allied World Assurance Company has appointed Karsten Buescher as assistant vice president of onshore construction in Australia. 15 February 2017
Insurance
Lloyd's of London has introduced a ban on the consumption of alcohol during business hours. 15 February 2017
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