Articles

News

Guy Carpenter appoints new head of South East Asia and Korea

Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Bengt Johnsen as president and head of the South East Asia and Korea (SEAK) region.   19 July 2018

Insurance

IAT hires reinsurance head from Aspen as Miller retires

US-based IAT Insurance Group has hired Donna McDermott as head of IAT Reinsurance (IAT Re) to succeed senior vice president Jim Miller who plans to retire on March 1, 2019.   19 July 2018

Insurance

AIG closes Validus acquisition

American International Group (AIG) has completed its acquisition of Bermuda-based Validus Holdings after receiving regulatory and shareholder approvals.   18 July 2018

Insurance

Clark replaces Beale as CII president

Jonathan Clark has been elected president of the Chartered Insurance Institute for 2018/2019, replacing Lloyd’s CEO Inga Beale.   18 July 2018

Insurance

Aviation insurance market rates harden further

The aviation insurance market faced further upwards pricing pressure in the first half of 2018 driven by “on-going underwriting discipline and three-tier market conditions,” according to the JLT’s most recent Airline Insurance Market Update.   18 July 2018

Insurance

Miller appoints energy construction lead from Marsh

Re/insurance broker Miller has hired Ian Curtin to lead its energy construction team.   18 July 2018

Insurance

Charles Taylor Managing Agency swoops for Capita CEO

Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency.   17 July 2018

Insurance

Fitch raises asbestos claims estimate to $100bn

Following a review of recent years' asbestos-related claims and litigation activity and insurers' paid and incurred loss experience, Fitch has raised projection for ultimate all-time US industry incurred losses to $100 billion compared with a previous estimate of $90 billion.   16 July 2018

Insurance

Lloyd’s platform affected by Iran sanctions

New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country, according to a July 13 Reuters report citing chairman Bruce Carnegie-Brown.   16 July 2018

Insurance

JLT Re poaches Guy Carpenter talent to head credit and surety

Reinsurance broker JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has appointed Guy Carpenter executive Scott MacColl as head of credit and surety for North America.   16 July 2018

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.