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Third Point Re poaches Berkshire Hathaway VP for US underwriting

Bermuda-based Third Point Reinsurance has appointed David Govrin to the position of executive vice president, underwriting for its US subsidiary.   11 April 2017

Insurance

Gibraltar confident on ILS growth despite looming UK competition

Gibraltar wants to become a hub for insurance-linked securities (ILS) and Minister of Commerce Albert Isola is optimistic about the growth potential despite looming competition from the UK.   11 April 2017

Insurance

Alliant buys California firm to expand MGA division

California-based Alliant has acquired SES Insurance Brokerage Services to expand its managing general agent (MGA) division Alliant Specialty Insurance Services (ASIS).   6 April 2017

Insurance

Reinsurance capacity reaches new peak: Aon Benfield

Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield.   6 April 2017

Insurance

DARAG acquires Swedish insurer Ikano Försäkring

European run-off insurance company DARAG has entered an agreement to acquire all shares of Stockholm-based Swedish insurance company Ikano Försäkring, a part of Ikano Group.   6 April 2017

Insurance

African reinsurer One Re appoints new chairman of board 

African reinsurer One Re has appointed Nicholas Davenport as chairman of its board with immediate effect, succeeding Gilles Bonvarlet who has stepped down from the role.   6 April 2017

Insurance

RMS introduces ‘cyber-physical’ modelling in response to rising threat

Risk modelling and analytics firm RMS has expanded its range of cyber models to include scenarios where cyber-attacks can cause physical damage to property.   6 April 2017

Insurance

CNA general counsel to retire after 23 years

US-based CNA, a commercial insurance provider, has announced that its executive vice president, general counsel and secretary Jonathan Kantor is set to retire after 23 years at the company.   6 April 2017

Insurance

JLT Specialty hires senior vice president from Aon in US

JLT Specialty, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gavin Shiels as senior vice president.   6 April 2017

Insurance

Energy re/insurance market pricing faces further difficulties

Against a backdrop of a deteriorating rating environment, overcapacity and downturn in the industry, the energy insurance market continue to face its lowest rating environment in several decades, according to the latest quarterly Energy report from Lloyd & Partners.   6 April 2017

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