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Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Andre Eisele as CEO of the Pacific Region. 8 September 2017
Insurance
European run-off insurance company DARAG has announced a legacy transaction in Israel with an undisclosed insurer. 8 September 2017
Alternative Risk Transfer
Catastrophe bond issuance has reached a record high in the 12-month period ending June 30, 2017, while alternative capital reached a new high, according to Aon’s September 2017 Insurance-Linked Securities report. 7 September 2017
Insurance
Specialist re/insurance broker BMS Re US has appointed Paul Knutson as executive vice president, based in the company’s Minneapolis office. 7 September 2017
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
To encourage what it calls sustainable underwriting, French reinsurer SCOR has created a so-called scoring grid to help insurance and facultative underwriters assess environmental, social, and governance (ESG) practices in sensitive sectors and lines of business. 6 September 2017
Insurance
Tokio Marine Group has revealed its plan to set up an insurance company in Luxembourg for writing European business after Brexit. 6 September 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has promoted James Boyce to deputy CEO, global specialties. 6 September 2017
Insurance
Specialist re/insurance broker BMS Group has launched a new European venture, BMS Iberia, under former Marsh Spain and Aon executives. 6 September 2017
Insurance
American International Group (AIG) has appointed Lucy Fato as executive vice president and general counsel, responsible for overseeing the company's global legal, compliance, regulatory and government affairs function. 6 September 2017
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